Iranian Rial Crashes to Historic Low Amid Trump’s Sanctions

Iran’s currency, the rial, has sharply depreciated in value, now standing at approximately 1,043,000 rials per US dollar. This dramatic fall is attributed to economic pressures linked to decisions made by United States President Donald Trump. According to economic analysts, the rial may decline even further in the near future.

Following Donald Trump’s second term in office, pressure on the Iranian currency has intensified significantly. Ongoing tensions between the United States and Iran are considered the main cause of this situation.

When Donald Trump first assumed office, he imposed economic sanctions on Iran. Additionally, he withdrew from the nuclear agreement that had been reached during Barack Obama’s presidency. These actions marked a shift in U.S. foreign policy towards Iran and initiated a series of financial constraints.

Since returning to office for a second term, Donald Trump has maintained similar pressure on Iran. Recently, his administration implemented extensive sanctions targeting companies that import oil from Iran.

In a recent letter, Donald Trump invited Iran to engage in direct talks over the nuclear agreement. However, Iranian authorities did not respond positively to this initiative. In an interview, Donald Trump warned that Iran could face bombings, further escalating tensions between the two countries.