Iran's Rial Hits Record Low as Trump Secures U.S. Presidency
The Iranian currency's collapse reflects economic fears as Tehran braces for potential renewed sanctions under Trump's leadership.
- 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.