Rial Crashes to 2.4M per Dollar as US Sanctions 36 Aviation Targets
Iran's rial tumbled to a record 2.4 million per dollar on Sept 8 as the US destroyed five Iranian oil tankers and sanctioned 36 aviation targets. With inflation at 89% and food prices up 127.5% year-on-year, the collapse accelerates capital flight into gold and hard currency.
Source: middleeaststar.com · sanantoniopost.com