How Do Cryptocurrency Regulations Impact the Future of the Iranian Rial?

Digital Iranian Rial

Talk to anyone in Iran about money today, and you’ll quickly hear two things: frustration with the weakening rial and curiosity about cryptocurrency. Over the past few years, as international sanctions have tightened and the Iranian economy has faced extreme turbulence, ordinary citizens, businesses, and even policymakers have increasingly looked toward digital assets for relief. […]

The Drastic Depreciation of the Iranian Rial During Trump’s Administration

Iranian Rial sanctions

The Iranian rial has had its fair share of ups and downs, but the hit it took during Donald Trump’s presidency was one for the history books. When the U.S. pulled out of the Iran nuclear deal in 2018 and reimposed heavy sanctions, Iran’s economy went into a tailspin. The “maximum pressure” campaign wasn’t just […]

US Sanctions and the Decline of the Iranian Rial

IRR decline

The Iranian rial has been on a wild ride, and not in a good way. Over the years, U.S. sanctions have squeezed Iran’s economy, cutting off access to global banking, limiting oil exports, and making it harder to do business with the rest of the world. As a result, the rial has taken hit after […]