Iranian Rial Falls Ahead of US Sanctions
The Iranian currency has dropped to a record high of over two million rials per dollar, amid the United States' preparations to announce the most devastating economic sanctions against Iran. These sanctions are part of efforts to exert economic pressure in order to force the Iranian regime to accept Washington's conditions for ending the conflict, with warnings that the sanctions could further worsen Iran's suffering and lead to a erosion of its legitimacy, especially amid the ongoing economic crisis and structural challenges facing the country.
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