Iran’s Currency Crisis Deepens as Rial Hits Historic Low in 2026
13 January 2026Introduction: A Currency in Freefall Iran’s national currency, the rial, has collapsed to unprecedented levels in January 2026, triggering widespread economic hardship and civil unrest across the nation. On Monday, 12 January 2026, the dollar was quoted as high as 1.47 million rials in the ‘free market’ of Tehran, marking a catastrophic decline from 2025 […]