Sanctions Send Iran’s Rial Tumbling – Dollar Skyrockets to 1.1 Million on the Black Market (قیمت دلار)
Official vs. Open-Market Rates Iran’s official rate (set by the Central Bank for government transactions) has been gradually devalued but remains far below the free-market price. After years of a fixed IRR 42,000/USD “budget rate,” by early 2025 the CBI’s end-of-period