{"id":2672798,"date":"2026-09-29T16:26:02","date_gmt":"2026-09-29T20:26:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/iranian-rial-hits-all-time-low-as-economy-continues-free-fall\/"},"modified":"2026-09-29T16:31:59","modified_gmt":"2026-09-29T20:31:59","slug":"iranian-rial-hits-all-time-low-as-economy-continues-free-fall","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/iranian-rial-hits-all-time-low-as-economy-continues-free-fall\/","title":{"rendered":"Iranian rial hits all-time low as economy continues free fall"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Firanian-rial-hits-all-time-low-as-economy-continues-free-fall%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2672798&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Iran&#8217;s currency, the rial, has plummeted too a record low against the U.S. dollar, reflecting severe economic deterioration exacerbated by ongoing sanctions, increased military conflicts, adn U.S. blockade measures. Prior to recent sanctions, the rial experienced fluctuations, but since the reimposition of sanctions and aggressive economic pressure, its value has sharply declined-losing over 55% in a year and about 25% since late August. The currency&#8217;s decline correlates with heightened U.S. efforts to cripple Iran\u2019s financial networks, including a crackdown on illicit activities and secondary sanctions announced in August. Despite some claims of stabilizing figures, Iranians report dire living conditions, with many selling possessions to afford essentials amid soaring inflation of over 83%. Political tensions remain high, with Iran signaling readiness for severe conflict if necessary, while U.S. officials claim that the sanctions are effectively weakening Iran\u2019s economy and capacity to build nuclear weapons.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/iran\/\" data-type=\"post_tag\" data-id=\"100\">Iran\u2019s<\/a> rial hit a new record low compared to the U.S. dollar on Tuesday, as the embattled country\u2019s <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/section\/policy\/economy\/\" data-type=\"category\" data-id=\"50\">economy<\/a> continues to reach new lows.<\/p>\n<p class=\"wp-block-paragraph\">Iran was already experiencing an economic collapse well before the launch of Operation Epic Fury, leading to the deteriorating living conditions that triggered the largest protests in Iran since the 1979 Islamic Revolution in December. Those in turn led to the brutal January crackdown that killed tens of thousands, one of the impetuses for the U.S.-Israeli war. The most intensive bombing campaign since the Gulf War, a renewed sanctioning blitz, and the U.S. naval blockade supercharged Iran\u2019s economic decline, sending its currency tumbling to its worst position yet on Tuesday.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<style>.explore-more-section { background: var(--wex-bg); border-top: 1px solid #ffffff; border-bottom: 1px solid #ffffff; margin: 24px 0; margin-top: -20px; }<\/style>\n<style id=\"mos-95769724-4e36-4994-ade7-8e426376f585-style\">@scope (#mos-95769724-4e36-4994-ade7-8e426376f585) { .we-meter {   --we-red: #DB3745;   --we-charcoal: #323E48;   --we-blue: #15BEF0;   --we-slate: #85A0AB;   --we-gold: #ECC270;   --we-text: #323E48;   --we-border: #85A0AB;    max-width: 800px;   margin: 0 auto;   padding: 1.5rem;   border: 1px solid rgba(33, 39, 42, 0.4);   border-radius: 12px;   background: #fff;   color: var(--we-text);   font-family: Arial, Helvetica, sans-serif !important; }  .we-grid {   display: grid;   grid-template-columns: 1fr 200px;   gap: 1.5rem;   align-items: center; }  .we-title {   margin: 0 0 0.5rem;   font-family: Constantia, \"Lucida Bright\", \"DejaVu Serif\", Georgia, \"serif\" !important;   font-size: 1.75rem !important;   line-height: 1.1 !important;   letter-spacing: -0.02em !important; }  .we-title span {   display: block;   color: var(--we-red); }  .we-copy {   margin: 0;   font-size: 1rem !important;   line-height: 1.4 !important; }  .we-actions {   text-align: center; }  .we-cta {   display: flex;   align-items: center;   justify-content: center;   gap: 8px;   width: 100%;   padding: 12px 16px;   border-radius: 8px;   background: var(--we-red);   color: #fff !important;   text-decoration: none;   font-size: 0.9rem !important;   font-weight: 700 !important; }  .we-arrow {   font-size: 1.2em !important; }  .we-member {   margin: 12px 0 0;   font-size: 0.85rem !important;   line-height: 1.4 !important; }  .we-member a {   color: var(--we-red);   text-decoration: none; }  @media (max-width: 600px) {   .we<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sununu-and-shaheen-look-to-keep-dynasties-alive-in-new-hampshire\/\" title=\"Sununu and Shaheen look to keep dynasties alive in New Hampshire\">-grid {     grid-template-columns<\/a>: 1fr;     gap: 1rem;   }   .we-meter {     padding: 1.25rem;   }   .we-cta {     padding: 14px;   } } }<\/style>\n<p><script>if (typeof CSSScopeRule == 'undefined') { const style = document.getElementById('mos-95769724-4e36-4994-ade7-8e426376f585-style'); if (style) { style.textContent = style.textContent.replace(\/^@scope (#mos-95769724-4e36-4994-ade7-8e426376f585) { \/, '').replace(\/}$\/, '');}}<\/script><\/p>\n<div id=\"mos-95769724-4e36-4994-ade7-8e426376f585\" style=\"display: contents;\">\n<section class=\"we-meter\" aria-label=\"Washington Examiner subscription meter\">\n<div class=\"we-grid\">\n<div>\n<h2 class=\"we-title\">Stay informed.<span>Stay ahead.<\/span><\/h2>\n<p class=\"we-copy\">                  Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.       <\/p>\n<\/p><\/div>\n<div class=\"we-actions\">       <a class=\"we-cta\" href=\"https:\/\/www.washingtonexaminer.com\/subscribe\/digital\/\">         <span>See Options<\/span>         <span class=\"we-arrow\" aria-hidden=\"true\">\u203a<\/span>       <\/a>       <\/p>\n<p class=\"we-member\">Already a member? <a href=\"https:\/\/www.washingtonexaminer.com\/sign-in\/\">Log in<\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<\/div>\n<\/section>\n<div style=\"position: relative; width: 100%; height: 0px; padding: 66.7% 0px 0px; overflow: hidden; will-change: transform;\"><iframe loading=\"lazy\" src=\"https:\/\/e.infogram.com\/7c312a44-81b0-455e-aa38-edfadb7137cf?src=embed&#038;embed_type=responsive_iframe\" title=\"Iranian currency\" allowfullscreen allow=\"fullscreen\" style=\"position: absolute; width: 100%; height: 100%; top: 0px; left: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: none; padding: 0px; margin: 0px;\"><\/iframe><\/div>\n<p class=\"wp-block-paragraph\">Pashizi, a tracker for free-market exchange rates of Iran\u2019s currency, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.pashizi.com\/en\/currency\/usd\">put the closing value<\/a> of the rial at 2.548 million rials per one U.S. dollar.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">This marks a massive fall in the Iranian currency\u2019s value since the Memorandum of Understanding collapsed in mid-July, when the rial stood at about 1.79 million rials per one U.S. dollar.<\/p>\n<p class=\"wp-block-paragraph\">Iranian free-market <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-does-amazon-accept-dogecoin-as-payment\/\" title=\"FACT CHECK: Does Amazon Accept Dogecoin As Payment?\">exchange rate<\/a> trackers show good news for the Trump administration \u2014 the new economic pressure valves appear to be working.<\/p>\n<p class=\"wp-block-paragraph\">One of the trackers, Alanchand, showed the rial remaining roughly stable throughout the intensive bombing phase of the war, even increasing to 1.664 million rials per one U.S. dollar on March 1. The sudden appreciation of the rial at the time was noted as odd by the Hudson Institute\u2019s Research Fellow and Middle East expert <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.hudson.org\/experts\/1467-zineb-riboua\">Zineb Riboua<\/a>, who <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4491652\/iran-finance-death-blow-war\/\">told<\/a> the <em>Washington Examiner<\/em> in mid-March that it indicated the central bank was drawing down reserves or mobilizing assets through back channels.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">The first noticeable hits to the currency happened at the end of April when the U.S. blockade took effect, sending the rial\u2019s value down to 1.913 million rials per dollar on May 2. News of the MOU sent the rial to a higher valuation of 1.535 million rials per dollar on June 15, then the currency lowered to hover around 1.8-1.9 million for most of July and August.<\/p>\n<p class=\"wp-block-paragraph\">Finally, a noticeable change occurred on Aug. 20, when the Rial began a sustained fall. The trend coincides exactly with President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" data-type=\"post_tag\" data-id=\"4\">Donald Trump\u2019s<\/a> announcement of \u201ceconomic D-Day,\u201d otherwise known as Operation Outcast, on Aug. 19. Treasury Secretary Scott Bessent <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0613\/\">revealed<\/a> the details of the plan on Aug. 24, which included a rigorous crackdown on illicit Iranian financial and smuggling networks, along with the imposition of secondary sanctions.<\/p>\n<p class=\"wp-block-paragraph\">Bessent said the objective of the \u201ceconomic onslaught against Iran\u2019s financial connections around the globe\u201d was to \u201csever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.\u201d<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Alanchand put the rial\u2019s Sept. 29, 2025, exchange rate at 1.139 million per one U.S. dollar, meaning it has lost 55.3% of its value in one year. Since. Aug. 20, it has lost 25.4% of its value.<\/p>\n<p class=\"wp-block-paragraph\">The degradation of Iran\u2019s currency comes from the dual pincers of more rigidly enforced sanctions and the fruits of the U.S. blockade, which was reimposed on July 14. Analysts noted the drastic effects of the blockade as early as Sept. 1, <em>Reuters<\/em> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.usnews.com\/news\/world\/articles\/2026-09-01\/blockade-succeeds-where-sanctions-failed-as-iran-oil-exports-stall\">reported<\/a>. Iran has now gone nearly two and a half months without any new oil tankers reaching Chinese ports, its last main oil customer, stripping it of much-needed export revenue.<\/p>\n<p class=\"wp-block-paragraph\">Even Iran\u2019s rosiest economic figures, which authorities are willing to admit, are dire. Iran Central Bank Gov. Abdolnaser Hemmati <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.iranintl.com\/en\/202609266971\">put year-on-year inflation<\/a> in September at 83.8%, down from 84.4% in August.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-4\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-4\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-25\" data-wex-ad=\"art-dsk-inart-4\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Iranians <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.globalbankingandfinance.com\/iranians-stagger-soaring-costs-seven-months-war\/\">speaking with<\/a> <em>Reuters<\/em> spoke of the abysmal conditions in Iran, detailing having to sell valuable belongings to afford basic necessities and life-saving medication. U.S., Middle Eastern, and Iranian sources told the outlet that Tehran\u2019s sudden, renewed burst of diplomacy last week was triggered by the worsening economic crisis.<\/p>\n<p class=\"wp-block-paragraph\">The situation has given rise to new hopefulness from the Trump administration, which has begun to speak of the war in more optimistic terms after a bad month of PR in August. Secretary of State <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/marco-rubio\/\" data-type=\"post_tag\" data-id=\"51\">Marco Rubio<\/a> triumphantly proclaimed in a Monday appearance on Fox News that Iran was facing an economic \u201ccataclysm.\u201d<\/p>\n<p class=\"wp-block-paragraph\"><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/foreign-policy\/4744415\/iran-doomsday-war-trump-ceasefire-araghchi\/\" data-type=\"post\" data-id=\"4744415\">IRAN READY FOR \u2018DOOMSDAY WAR\u2019 AFTER TRUMP REJECTS CEASEFIRE, FOREIGN MINISTER SAYS<\/a><\/strong><\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-5\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-5\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-26\" data-wex-ad=\"art-dsk-inart-5\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">\u201cAnd so when you\u2019re denying them money through oil sales and sanctions, you\u2019re not just punishing them,\u201d Rubio said. \u201cYou are preventing them from getting access to money that they will use to try and kill Americans and others around the world and their own people and build weapons and threaten the world and ultimately break out to a nuclear weapons program.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Iran has countered with its standard defiance, with Iranian Foreign Minister Abbas Araghchi declaring in a Sunday appearance on NBC News\u2019s <em>Meet the Press<\/em> that Iran was ready for a \u201cdoomsday war\u201d if need be.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iran\u2019s rial hits new low amid economic collapse<\/p>\n","protected":false},"author":2653,"featured_media":2672799,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/09\/AP26267514754226.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[86440,86441,86439,77945,86438],"class_list":["post-2672798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-currency-devaluation","tag-economic-instability","tag-inflation-crisis","tag-iranian-economy","tag-rial-collapse"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/09\/AP26267514754226.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2672798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2672798"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2672798\/revisions"}],"predecessor-version":[{"id":2672802,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2672798\/revisions\/2672802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2672799"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2672798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2672798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2672798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}