14:54 - 28.09.2026

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September 28, Fineko/abc.az. The Iranian currency has dropped to a historic low on the open market, with the US dollar reaching 240,000 tomans.

The sharp devaluation comes as the country struggles under heavy US sanctions.

The currency collapse coincides with annual inflation surging to 61.4%.

Official data indicates that food prices in Iran have skyrocketed by 128.1% year-on-year.