Iran’s currency hits an all-time low against the US dollar
Iran’s currency, the rial, has hit a record low, trading at over 2 million rials to the dollar on unofficial markets. The devaluation comes a day before the United States is due to impose what US Treasury Secretary Scott Bessant described as “the toughest sanctions in history” on Tehran. Iran was struggling financially even before the start of its ongoing conflict with the US and Israel, nearly six months ago.Also in the programme: Ukrainian President Volodymyr Zelensky warns against holding wartime elections, following repeated calls from his sacked defence minister to hold a nationwide…
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