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Iran rial hits record low amid fragile US-Israel ceasefire

April 29, 2026
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Iran’s national rial currency hit a record low Wednesday of 1.8 million to 1 as a shaky ceasefire with the U.S. and Israel still holds. The rial had remained stable in the early weeks of the war, which began Feb. 28, in part because there was little trading or imports coming into the country. The [] The post Iran rial hits record low amid fragile US-Israel ceasefire appeared first on Egyptian Gazette.

Egyptian Gazette
Egyptian Gazette

Coverage and analysis from Egypt. All insights are generated by our AI narrative analysis engine.

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