Iran’s national currency has lost a huge amount of its value

Iran’s national currency has lost a huge amount of its value. On unofficial markets the rial has dropped to all-time lows against the US dollar, amid deep economic stress and rising inflation. 
At recent free-market rates, $735 USD converts to roughly 943 million Iranian rials, making you technically a “billionaire” in local currency terms but that doesn’t reflect real purchasing power inside the country. 
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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Iran’s national currency has lost a huge amount of its value. On unofficial markets the rial has dropped to all-time lows against the US dollar, amid deep economic stress and rising inflation.

Iran’s national currency has lost a huge amount of its value. On unofficial markets the rial has dropped to all-time lows against the US dollar, amid deep economic stress and rising inflation.