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        <firstCreated>2026-08-25T22:52:51Z</firstCreated>
		
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        <contentCreated>2026-08-25</contentCreated>
		
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            <name>Iran</name>
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        <dateline xml:lang="en">Aug 24, 2026/Recent/File</dateline>
        <slugline xml:lang="en">Iran-Currency Plunge</slugline>
        <headline xml:lang="en">Iran's currency hits record low</headline>
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Iran's currency plunged to a record low on the open market Monday, hours before the U.S. announcement of a new wave of sanctions aimed at further isolating Tehran. 

The rial fell to 2.02 million against the U.S. dollar as trading opened on currency markets, while the official exchange rate set by Iran's Central Bank stood at around 1.5 million rials per dollar. 

The currency, which was already under pressure before the joint U.S.-Israeli attacks on Feb. 28, has continued to hit new lows as nearly six months of conflict have placed further strain on Iran's economy. 

U.S. Treasury Secretary Scott Bessent on Monday warned of an "economic D-Day" for Iran, announcing what he described as "an economic onslaught against Iran's financial connections around the globe." 

The new sanctions target five key sectors -- digital assets, technology, gold, aviation and shipping, according to the Treasury Department. 
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FILE: Tehran, Iran - April 30, 2026 (NNC - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 
1. Various of sign of currency exchange, pedestrians

FILE: Tehran, Iran - Jan 25, 2026 (CGTN - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International TV/Radio Farda) 
2. Various of depositors withdrawing monody from ATM machine, counting Iranian rial 
3. Person counting U.S. dollar 
4. U.S. dollar banknotes

Tehran, Iran - Recent (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 
5. Various of traffic, Iran's national flags on bridge

Tehran, Iran - Aug 24, 2026 (CCTV - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
6. Various of traffic, Iran's national flag, pedestrians 
7. Iran's national flags on road lamps

Tehran, Iran - Recent (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 
8. Various of pedestrian; stalls, products
9. Pedestrian, people sitting by roadside

FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland) 
10. Various of Capitol Hill; U.S. national flag
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