Iranian rial hits record low above 2.2m per dollar

By The BriefBrief

Iran's rial fell to a record low of more than 2.2 million rials per US dollar, according to two websites tracking the free-market rate on Wednesday. The currency is down about 10% over the past week and has lost about half its value over the past year amid renewed US strikes.

WHO: Two websites tracking Iran's free-market exchange rate

WHAT: Iran's rial dropped to a record low of more than 2.2 million rials per US dollar in the free market.

WHEN: Sep 2, 2026

WHERE: Iran

WHY: The drop occurred amid renewed US strikes on Iran.

Sources (1): Middle East Eye

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