According to Xinhua News Agency, Iran’s rial currency hit a record low against the U.S. dollar today, breaching the 1.81 million rial per dollar level. The rial accelerated its decline that began two days prior, falling over 230,000 rial in the latest trading session.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TradFi Rise Alert: USDZAR (USD/ZAR) Rises Over 1%
Gate News: According to the latest Gate TradFi data, USDZAR (USD/ZAR) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews56m ago
Senate Banking Committee Approves Kevin Warsh as Federal Reserve Chair Nominee in 13-11 Vote
According to The Block, on Wednesday (April 29), the Senate Banking Committee voted 13-11 to approve Kevin Warsh's nomination as Federal Reserve chair, advancing it to a full Senate vote. The committee split along party lines, with Senate Banking Committee Chair Tim Scott stating that Warsh's leader
GateNews1h ago
Major Investment Banks Forecast Fed Rate Cuts Starting in September, 25 Basis Points Each
According to multiple investment banks cited by ChainCatcher, Wells Fargo and ING both predict the Federal Reserve will cut rates by 25 basis points each in September and December. Australia and New Zealand Banking Group expects the rate-cut cycle to resume in the third quarter, while Goldman
GateNews2h ago
Spot Silver Hits $72 Per Ounce, Lowest Since April 7, Down 1.53% in 24 Hours
According to Gate data, spot silver touched $72 per ounce on April 29, marking its lowest level since April 7, with a daily decline of 1.53%. The U.S. Dollar Index (DXY) rose to an intraday high of 98.77.
GateNews2h ago
Liquid Raises $18 Million for 24/7 Multi-Asset Trading Platform
Liquid announced it has raised $18 million in Series Seed funding to expand its multi-asset trading platform that provides continuous access to cryptocurrencies, equities, commodities, foreign exchange, and pre-IPO assets. The round was co-led by Neo and Left Lane Capital, with participation from se
GateNews4h ago
Hedge Funds Accumulate Record $6.6 Trillion in Treasury Leverage, Regulators Warn of Forced Selling Risk
According to regulators including the Federal Reserve and Bank of England, hedge funds have accumulated a record $6.6 trillion in leverage to finance bets on U.S. Treasuries, with short positions in Treasury futures reaching historic extremes. The IMF's April 2026 report flagged that some hedge fund
GateNews5h ago
