Sanctions make stabilising Iran's rial an uphill battle
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Sanctions make stabilising Iran's rial an uphill battle
In late 2025, the Iranian rial fell to historic lows, reaching around 1.42–1.47mn rials per US dollar on the free market, according to Bonbast. This reflects deep economic vulnerabilities: high inflation, fiscal deficits, weak non-oil growth, and restricted access to foreign currency due to sanctio»»»
Iran declares major lender bankrupt
Agencies Iran declared one of the country’s largest private banks bankrupt with its assets absorbed by the state, official media reported Saturday, in a rare move in the country grappling with international sanctions. Founded in 2012, Ayandeh Bank had a network of 270 branches across the country, i»»»
Iran still selling oil despite being under sanctions.
TEHRAN, Aug. 04 (MNA) – Iran’s Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi says the the Iranian economy is not linked to the the negotiations, adding that the country is still selling its oil. Speaking on Monday, Gharibabadi said that Iran has outlined conditions f»»»
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