Iran's currency hits record low of 2 million rials per dollar following Trump's warning
The Iranian rial dropped to an unprecedented low on Monday, reaching a rate of 2 million against the US dollar, as reported by the Economic Times citing data from the TGJU currency tracker. The rial saw a 4.5% decline following US President Donald Trump's declaration of what he termed the "most crushing economic operation" targeting Iran. Trump further warned that any nation offering financial support to Iran would be met with "tremendous economic consequences."
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