Iran’s currency drops to record low against dollar as tensions soar

Al JazeeraCenterEN 2 min read 100% complete by News Agencies,Al Jazeera StaffJanuary 27, 2026 at 04:18 PM

AI Summary

medium article 2 min

Iran's currency, the rial, has plummeted to a record low of 1,500,000 against the US dollar, exacerbating economic hardship for Iranians. This decline follows widespread protests that began in late December 2025, triggered by the rial's falling value, hyperinflation, and the removal of government subsidies. The protests, which spread from Tehran to across the country, demanded political change and were met with a violent crackdown by Iranian security forces. The Iranian government reports over 3,117 deaths during the unrest, while human rights organizations estimate a higher toll of over 5,777 protesters killed. The currency's continued decline deepens the existing economic challenges facing the Iranian populace.

Key Entities & Roles

Key Player Opposition Context

Grand Bazaar 30% Benjamin Netanyahu 30% Marco Rubio 30% Gaza 30% Mohammad Shia' Al Sudani 30% Human Rights Activists News Agency 40% Central Bank 40% Israel 40% Abdolnaser Hemmati 50% Tehran ×260% United States ×270% Iran ×890%

Keywords

political protests 90% currency devaluation 90% economic hardship 80% rial 80% international sanctions 70% violent crackdown 70% us dollar 70% economic mismanagement 60% hyperinflation 60% internet blackout 50%