PERSPECTA

News from every angle

zerohedge

Iranian Currency Hits All-Time Low As Tehran Threatens 'Unprecedented' Response To US 'Maritime Piracy'

By Tyler Durden

Iranian Currency Hits All-Time Low As Tehran Threatens 'Unprecedented' Response To US 'Maritime Piracy' Via The Cradle Iran’s currency plummeted to a record low on Wednesday, dropping to 1.8 million against the dollar following the brutal US-Israeli war, coinciding with uncertainty over the fragile truce and rising energy prices worldwide.  The currency began a sharp descent two days ago after several weeks of artificial stability. During the initial weeks of the US-Israeli war ...