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International Business Times

Business

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Iranian Currency Plunges To Record Low As Economy Remains Under Strain Due To The War

Iran Economy CNN United States Israel UNDP

The Iranian rial plunged to a record low, hitting 1.8 million per U.S. dollar on Wednesday.

Iran's currency plunged to a record low on Wednesday as economic strain from its war with the U.S. and Israel continues.

Concretely, the Iranian rial hit 1.8 million per U.S. dollar, marking its third consecutive decline.

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