By bnm Tehran bureau Iran's central bank (CBI) has moved the country's long-delayed currency redenomination into its ...

Iran currency collapse explained: Iran's currency has hit a historic low, with $735 now worth over 1.2 billion rials. This dramatic collapse, fueled by sanctions, falling oil revenues, and soaring ...

Iran’s rial has entered a period of extreme depreciation in 2026, with inflation eroding household savings and tightening pressure on daily life. Sanctions, ...

With the rial plunging, middle-class savers are bypassing local banks to move billions into the domestic crypto ecosystem.

TEHRAN, Iran (AP) — Iran’s rial slid further Monday to a new record low of more than 1.3 million to the U.S. dollar, deepening the currency’s collapse less than two weeks after it first breached the 1 ...

The Iranian economy is currently facing serious structural issues, marked by a growing gap between household earnings and the ...