Iran’s economy is currently facing a major crisis as the rial hits an unprecedented low of over 1 million rials per US dollar. This depreciation is a result of various factors such as US sanctions, dwindling oil sales, and high inflation rates. The country is also grappling with internal turmoil and speculations of a surge in gasoline prices, leading to heightened tensions among the citizens. In response to this dire situation, President Pezeshkian has urged for open and fair discussions with the US. The Iranian government is under immense pressure to stabilize the economy and address the concerns of its people. The sharp decline of the rial is a cause for concern for both the government and the general public, as it impacts the overall financial stability of the nation. It remains to be seen how Iran navigates through these challenging times and whether any measures will be taken to mitigate the economic crisis.

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Iran’s rial hits record low of 1 million per US dollar amid economic woes and political tensions, President seeks dialogue.
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