Iran Crisis: Rial Collapses To 1.5 Million Against US Dollar -What’s Behind This Historic Low?
Updated 16 January 2026 at 18:06 IST Amid sanctions, rising inflation, and protests across Iran, the west Asian nation’s currency has depreciated to 1.5 million Rial against the US dollar. Iran’s economy is going through one of its most difficult periods in years, fueled by sanctions, high inflation, and a significant drop in the value