Iran’s rial collapse deepens as US pressure bites.
Part of composite article Iranians Can’t Afford Pens, Chemo, or Three Meals a Day as Economy Collapses View full article →
As Washington intensifies its economic campaign against Tehran, Iran’s currency, the rial, is sliding further, sending shockwaves through local markets. The official numbers paint a grim picture, but the real impact is felt at home. Iranian households are now slashing spending, draining savings, and cutting back on even essential items.