The Iranian economy continues to crumble as the rial falls below the significant level of 1,000,000 against the U.S. dollar.

Within a year, the Iranian rial has lost over 50% of its value. Whereas in March 2024, it was trading at 600,000 to the US dollar, one year later the rate has fallen to more than 1,000,000. This ...

Iran’s economic crisis has reached a critical point ... As inflation soars, the national currency plummets, and purchasing power declines, ordinary Iranians are struggling to make ends meet.

DUBAI, March 25 (Reuters) - Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S ...

Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

Average Iranians will have to pay higher taxes and fees for government services as inflation squeezes them further.

The Trump administration should back away from threats and engage Iran in an effort to bring a diplomatic halt to its nuclear ...

Iran is in crisis — economically ... Meanwhile, inflation is rampant, the national currency is in free fall and Iran’s own parliamentary statistics indicate that over half the population ...

Women bear the brunt of economic pressures and social restrictions in Iran — yet they remain the driving force for change in the country. https://p.dw.com/p/4rVKa ...

DUBAI - Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S. President Donald Trump ...