The Economic Times

Irans rial plunges past 2 million per dollar as Trump unleashes crushing economic operation

Irans rial has fallen to a record low, crossing 2 million per dollar on the unofficial market as US President Donald Trump escalates pressure on Tehran. The currencys slide comes amid disruption to foreign-exchange transfers, falling exports and tighter financial restrictions, while Iran looks to China-aligned partners to withstand Washingtons economic assault.