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<h1>Iran's Rial Plummets to Historic Low, Hitting 1,043,000 per Dollar Amid Deepening Economic Uncertainty</h1> Iran's currency experienced a significant decline, reaching a record low of 1,043,000 rials per US dollar. The drop occurred after the Persian New Year holiday, with currency traders in Tehran uncertain about the rial's future value. Market tensions and informal trading contributed to the currency's continued depreciation, reflecting ongoing economic challenges.