63 Days
Source:
اقتصاد
Source: اقتصاد
63 Daysاقتصاد
Source: اقتصاد
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Iran is facing a severe financial crisis as the value of the Iranian rial drops to its lowest levels, surpassing the 2.2 million rials per dollar mark due to current U.S. sanctions. In an attempt to contain the collapse, the Central Bank of Iran announced its readiness to inject two billion dollars from reserves to address the deterioration, asserting that sufficient reserves make this possible. However, data indicates Iran's ability to act is limited, as its usable reserves have decreased to around $19.9 billion by 2026, amid a significant decline in oil exports from approximately 1.9 million barrels per day to 209,000 barrels due to new sanctions. The high inflation, recorded at 66% in July, exacerbates pressures on purchasing power, leading many citizens to turn to dollars and gold as safe havens. Experts believe that monetary interventions are only buying time, and comprehensive solutions are necessary to overcome the crisis—particularly as sanctions persist and oil revenues dwindle.
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