Iran's currency hits new record low as U.S. prepares to announce more sanctions
United StatesWhat to know
- The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. The currency had already been under pressure before the U.S. and Israel attacked Iran on Feb. 28 - now Trump's administration has promised even stronger sanctions than t...S1
- Iran's currency hit a record low Monday as the U.S. prepares to unleash what the Trump administration is calling "economic D-Day" against the country.S2
Timeline · newest first
2mos
Theglobeandmail
Iran's currency hits new record low as U.S. prepares to announce more sanctions
The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. The currency had already been under pressure before the U.S. and Israel attacked Iran on…
2mos
Kshb
Iranian currency hits record low ahead of US ‘economic D-Day’ sanctions
Iran's currency hit a record low Monday as the U.S. prepares to unleash what the Trump administration is calling "economic D-Day" against the country.
2 outlets
2 reports
Published Aug 24, 2026
What to know
- The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. The currency had already been under pressure before the U.S. and Israel attacked Iran on Feb. 28 - now Trump's administration has promised even stronger sanctions than t...S1
- Iran's currency hit a record low Monday as the U.S. prepares to unleash what the Trump administration is calling "economic D-Day" against the country.S2
Timeline · newest first
2mos
Theglobeandmail
Iran's currency hits new record low as U.S. prepares to announce more sanctions
Sources · 2 citations
S1
Theglobeandmail
1 report · EN