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Tag: Iranian rial collapse

Iran’s inflation hits World War II levels, deepening economic pain

Posted on June 2, 2026 By admin
Iran’s inflation hits World War II levels, deepening economic pain

People walk past a display at a currency exchange bureau, as the value of the Iranian rial drops, in Tehran, Iran, May 2, 2026. | Photo Credit: Reuters Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the Islamic Republic worries about…

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