Iran’s Rial Hits Record Low of 1.95 Million per Dollar as US Pressure Mounts
Key Takeaways Iran’s rial fell to about 1.95 million per dollar on July 20, days after breaking the previous record of 1.9 million set May 4. The IMF projects Iran’s economy will contract 6.1% in 2026, with average inflation expected to reach 68.9%. Bitcoin traded near $64,239 on July 20 as markets watch whether the…
