Iran’s currency falls to a record low
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Tehran, Iran is facing one of its most severe economic crises in decades, marked by a historic collapse of its national currency, persistently high inflation, and widespread social unrest. While viral claims on social media suggest that Iran’s currency has fallen to “zero” against the US dollar, the reality is more complex — and more alarming.
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MARACAIBO, Venezuela (AP) — Erick Ojeda has no money. He returned to land almost empty-handed from an overnight trip fishing for shrimp. His sister and her newborn are waiting for him to pick them up from a hospital. He has had no luck finding a ride ...
As Iran’s rial hits record lows, Bitcoin is resurfacing in public discourse. Its decentralized design is often cited as a contrast to state-managed fiat currencies. Iran’s 2025 currency collapse sharply reduced the rial’s purchasing power, eroding ...
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Indonesia’s currency has come under renewed pressure after President Prabowo Subianto’s decision to nominate his nephew to the central bank reignited concerns over monetary independence, spooking inve
The Central Bank of Iran bought more than $500 million in dollar-backed digital assets in the past year to mitigate a currency crisis and bypass US sanctions, blockchain analytics company Elliptic said in a report.
As protests over Iran's economic crisis near their second week, top Iranian officials and US President Donald Trump have exchanged threats as demonstrations turned deadly and continue to escalate. A day after Trump said in a January 2 post on Truth Social ...
"The United States is deeply indebted, and its finances are on an unsustainable long-term trajectory," says the Committee for a Responsible Federal Budget.