Overview

• Iran's rial fell to an unprecedented low of 703,000 to the dollar following Donald Trump's presidential victory.
• The currency's depreciation highlights Iran's economic struggles amid longstanding international sanctions.
• Iranian President Masoud Pezeshkian faces challenges in stabilizing the economy as tensions with the U.S. persist.
• Tehran downplays the U.S. election's impact, asserting consistent policies despite leadership changes.
• Regional conflicts intensify as Iran remains involved in Middle Eastern wars alongside its allies.