Iran’s rial has fallen to 650,000 per U.S. dollar, its lowest ever, as nationwide protests over economic hardship and political repression intensify.
Demonstrations have erupted across Iran, driven by rising inflation and declining living standards. Security forces have responded with brutal crackdowns, leaving over 2,500 people dead.
The rial’s collapse reflects growing fear of a financial crisis. Hospitals report hundreds of gunshot eye injuries, underscoring the harsh tactics used against protesters.
Tehran blames the U.S. for encouraging instability, while Gulf nations warn against military escalation. The government has also imposed a near total internet blackout to control information.
Analysts warn that the combination of economic collapse and political unrest could destabilize Iran further, drawing global attention to the human rights situation.