Iran’s currency falls to new low as US blockade, sanctions impact trade
Iran's currency, the rial, has hit a record low against the US dollar, driven by US sanctions, a naval blockade, and the broader impact of war. This has severely disrupted trade, especially with key partners like China and the UAE, and led to soaring inflation that's hurting everyday people. The government is trying to respond with emergency measures, but the economic situation remains very challenging.
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