Iran's currency drops to record low level of 1.8 million rials to the dollar, ISNA reports


Reuters | Dubai | Updated: 29-04-2026 16:19 IST | Created: 29-04-2026 16:19 IST
Iran's currency drops to record low level of 1.8 million rials to the dollar, ISNA reports
  • Country:
  • United Arab Emirates

​Iran's ​currency dropped ‌to a record ​low of 1,810,000 rials ‌to the U.S. dollar on Wednesday, the Iranian Student News ‌Agency (ISNA) said, marking a ‌fall of about 15% over the past two days. The ⁠drop ​follows ⁠weeks of calm in Iran's ⁠free currency market and appears to ​have been driven by ⁠increased demand for foreign currencies, including ⁠the ​euro and the Emirati dirham.

Iranian currency ⁠tracking websites showed varying rates ⁠of between ⁠1,760,000 and 1,810,000 rials to the ‌U.S. ‌dollar.

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