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Breaking Posted 5 hours ago

Iran Rial Falls 25% in Two Months; Inflation Nears 90%

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Iran's rial has depreciated roughly 25% against the dollar over two months while inflation approaches 90%, signaling severe economic stress. Bloomberg reports no crude oil shipments by tanker in September, disrupting energy supply. Oil-sensitive currencies including CAD and energy-linked emerging markets face pressure; geopolitical risk premiums may support safe-haven flows into USD and CHF.
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