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Devaluation

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Aug 24, 2026
10:28
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WORLD // GLOBAL MONITOR000° E090° N090° S
World

The dollar is breaking records: devaluation is changing the economy in Iran

The dollar exchange rate in Iran has neared the two million rials mark, signaling a severe devaluation of the national currency. This trend is destabilizing the economy, forcing businesses and households to adapt to rising costs.

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