The slide comes as Iran's economy has struggled for years under crippling international sanctions over its rapidly advancing nuclear program, which now enriches uranium at near weapons-grade levels.
Iran's currency, the rial, fell on Wednesday to an all-time low as former President Donald Trump was on the verge of clinching the US presidency again.
On July 30, the day that Iran's reformist President Masoud Pezeshkian was sworn in and started his term, the rate was 584,000 to USD 1.
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