A Record-Low Rial and a New Sanctions Wave Iran’s open-market exchange rate slid to roughly 2.02 million rials per dollar earlier this …
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Markets
Iran’s rial collapse mirrors Lebanon’s crisis, driving citizens to bitcoin
by shayaanby shayaanWith the rial plunging, middle-class savers are bypassing local banks to move billions into the domestic crypto ecosystem. www.coindesk.com
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Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster …