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Iranian rial

US President Donald Trump and Britain's King Charles III (not pictured) meet in the Oval Office of the White House, on April 28, 2026, in Washington. (AP Photo/Alex Brandon)
April 29, 2026, 3:14 pm
Trump said prepping for extended Iran blockade, says Tehran ‘better get smart soon’
‘No more Mr. Nice Guy,’ US president declares, adds Iran’s leaders ‘don’t know how to sign a nonnuclear deal’; Hegseth to testify before US Congress for first time since war’s start
By Agencies and ToI Staff
Shopkeepers and traders protest in the street against the economic conditions and Iran's embattled currency in Tehran on December 29, 2025. (FARS NEWS AGENCY / AFP)
January 1, 2026, 2:05 pm
Volunteer in Iran’s Revolutionary Guard reported killed during widening protests
Deputy governor of Western Lorestan province said to blame death of 21-year-old on demonstrators, as he urges dialogue on grievances
By Agencies and ToI Staff
Iran's President Masoud Pezeshkian takes questions from the media at a press briefing in New York, September 26, 2025. (Angelina Katsanis/AP)
December 30, 2025, 1:21 pm
Iranian president urges government to heed economic protests
After Tehran storekeepers shutter their premises, with rial currency hitting new low, Masoud Pezeshkian calls on interior ministry to open dialogue with disgruntled traders
By AFP
This picture shows new Iranian bank notes of one million, 500,000, and 100,000 rials on August 3, 2025. (ATTA KENARE / AFP)
December 16, 2025, 11:48 am
Iranian rial plummets to new record low amid sanctions, regional hostilities
Local currency trades at over 1.3 million to one US dollar, as inflation drives up costs of food and gas, making daily life increasingly harsh for Iranian public
By AP and ToI Staff
Iranian banknotes are displayed by a street money exchanger at Ferdowsi square, Tehran's go-to venue for foreign currency exchange, in downtown Tehran, Iran, December 18, 2024. (AP Photo/Vahid Salemi)
December 18, 2024, 7:44 pm
Iranian rial falls to record low amid war, energy crisis, and anticipation of Trump
Currency’s value has dropped more than 10% since US election, while an energy crisis at home, exacerbated by sanctions, shutters schools and government offices amid cold winter
By Agencies and ToI Staff
In this photo from August 8, 2018, a man exchanges Iranian rials for US dollars at an exchange shop in the Iranian capital Tehran. (AFP Photo/Atta Kenare)
December 29, 2022, 7:35 pm
Iran replaces central bank chief as currency plummets to new low
Mohammad Reza Farzin chosen as new central banker after Islamic Republic hit with further sanctions for protest crackdown, supplying drones to Russia
By AFP
In this photo from August 8, 2018, a man exchanges Iranian rials for US dollars at an exchange shop in the Iranian capital Tehran. (AFP Photo/Atta Kenare)
June 12, 2022, 4:13 pm
Iran’s currency drops to all-time low amid US sanctions
Value of rial has plummeted by more than 4.4% since the start of June, reaching 332,000 to the US dollar
By AP and ToI Staff
File: A man counts banknotes and traveler checks in Tehran, Iran, August 21, 2019 (AP Photo/Ebrahim Noroozi)
June 20, 2020, 9:55 pm
Iran’s currency hits record low amid sanctions, virus, international pressure
Day after IAEA censures Tehran for blocking access to two sites and EU diplomats say they’ll back extending arms embargo, rial plummets to 190,000 for each dollar
By AP and ToI Staff
A woman seeking to buy US dollars, bottom right, speaks with The Associated Press in downtown Tehran, Iran, October 2, 2018. (AP Photo/Vahid Salemi)
October 2, 2018, 8:05 pm
Iran’s rial unexpectedly rallies after weeks of steep falls
Analysts ascribe rise to new government policy, increased import of foreign currency, and hope Europe will shield regime from US sanctions
By Nasser Karimi and Jon Gambrell
Illustrative: People protest the state of Iran's economy at the old grand bazaar in Tehran, Iran, Monday, June 25, 2018 (Iranian Labor News Agency via AP)
August 20, 2018, 12:02 pm
Iranians rage against elites’ nepotism, corruption in social media campaign
Anger grows online over the privileges and apparently extravagant lifestyles of government officials’ family members
By ToI Staff
A close up shot shows Iran's various Rial banknotes, bearing a portrait of Iran's late founder of Islamic Republic Ayatollah Ruhollah Khomeini, next to United States one-Dollar bills bearing a portrait of first US President, George Washington at a currency exchange office in a shopping center in the capital Tehran on April 10, 2018. (AFP PHOTO / ATTA KENARE)
August 5, 2018, 10:15 pm
Iran’s forex chief arrested in tense build-up to sanctions return
Ahmad Araghchi detained a day after he was fired; government faces criticism of its efforts to save economy in the face of approaching US sanctions
By AFP
A handout picture provided by the Iranian presidency shows Iranian president Hassan Rouhani during a meeting in Tehran on July 14, 2018. (IRANIAN PRESIDENCY/AFP)
August 1, 2018, 5:14 pm
Iran’s parliament to question president over economic woes
As rial nosedives, Hassan Rouhani must appear before lawmakers within a month
By AP
A close up shot shows Iran's various Rial banknotes, bearing a portrait of Iran's late founder of Islamic Republic Ayatollah Ruhollah Khomeini, next to United States one-Dollar bills bearing a portrait of first US President, George Washington at a currency exchange office in a shopping center in the capital Tehran on April 10, 2018. (AFP PHOTO / ATTA KENARE)
April 10, 2018, 6:57 pm
Iran seeks to pin rial to the dollar as currency hits record low
Tehran enforces single exchange rate, with government saying it is in ‘an economic war’
By Nasser Karimi
Illustrative photo of Iranian banknotes and foreign coins displayed by a vendor on a side walk of the Ferdowsi Street in Tehran, Iran, January 23, 2013. (Vahid Salemi/AP)
April 9, 2018, 4:54 pm
Iran’s rial at all-time low against the dollar
Currency plunges 18% in two days amid persistent fears Trump administration could pull out of nuclear deal and impose new sanctions
By AP
Iranian and US banknotes on display at a currency exchange shop in downtown Tehran, Iran, on April 4, 2015. (Vahid Salemi/AP)
March 26, 2018, 4:49 pm
Iran currency hits record low, crashing through 50,000 rial to the US dollar
Fearing a Trump administration pullout from the nuclear deal, Iranians are hoarding cash despite crackdown on foreign exchange dealers
By AFP
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