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Iran's rial crosses 2 million against US dollar amid Trump's threat

short by Soheib Ahsan / on Monday, 24 August, 2026
Iran's rial fell to a new low as the currency traded at 2 million against US dollar on Monday, according to currency tracker TGJU, Economic Times reported. The currency's value fell 4.5% after US President Donald Trump announced the "most crushing economic operation" against Iran. Trump had said countries providing any lifeline to Iran would face "tremendous economic consequences".
read more at Firstpost