**Iranian Rial Hits Historic Low Amid Renewed U.S. Sanctions**
The Iranian rial has reached unprecedented lows following U.S. President Donald Trump’s announcement to reinstate a strategy of maximum pressure on Tehran. This decision significantly impacts the Iranian economy and currency valuation.
According to data from the Iranian Statistical Center, the annual inflation rate for the current Iranian fiscal year has surged to over 45%. Concurrently, the proportion of families living below the poverty line has escalated to 40%, highlighting the broader economic challenges facing the nation.
Recent reports indicate that the Iranian currency has experienced a notable decline for the second consecutive day in informal trading, setting new historical lows against the U.S. dollar. In the free market, the price of the U.S. dollar has risen approximately 3,000 riyals, surpassing the 92,000 riyal mark for the first time in history.
In parallel, the Iranian Toman has recorded a substantial drop, now sitting at 9 million and 265 thousand Tomans for every 100 dollars. This decline is attributed to Trump’s policy reinstatement, aimed at halting Iranian oil exports and re-imposing United Nations sanctions on Iran.
Trump’s directives not only strive to curtail Iranian oil exports but also include efforts to “re-impose” sanctions from the UN. However, it is noteworthy that he has expressed openness to negotiating an agreement with Tehran, signaling a complex interplay between pressure tactics and diplomatic outreach.
| Indicator | Value |
|---|---|
| Annual Inflation Rate | Over 45% |
| Poverty Rate | 40% of families below the poverty line |
| Price of USD in Free Market | Exceeds 92,000 riyals |
| Exchange Rate (Toman) | 9,265,000 Tomans for 100 USD |
