The historic collapse of the Iranian Rial: As the US dollar surges toward 260,000 Tomans, state propaganda proudly boasts about subsidy increases—yet in reality, that entire subsidy is worth barely $1.
With absolute distrust dominating the market and the national currency in free fall, projections point toward the 300,000 Toman mark in the near future. The systematic destruction of Iran's economy and purchasing power is accelerating at an unprecedented pace.
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