Iran’s currency plunges to record low amid looming UN sanctions
2025-09-21T09:50:49+00:00
Shafaq News – Tehran
Iran’s currency hit a record low on Sunday, trading at 105,000 tomans (1,050,000 rials) per US dollar in Tehran’s informal market.
Meanwhile, gold prices rose, with minted coins and 18-carat gold reaching new highs, according to local exchange trackers.
The plunge followed Britain, France, and Germany’s decision to trigger the UN “snapback” mechanism, reinstating sanctions over Iran’s nuclear program.
* 1 Toman = 10 Iranian Rial
