The Tape
Markets, money, and the policy that moves them.
Monday, November 9, 2026 · UTC
The Markets

Iranian rial hits all-time low against dollar alongside global inflation releases

Economic data filed 3 October 2026 covers currency, inflation and labour market readings across four countries.

Marcus Vance
Markets Reporter
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As of 2026-10-04 04:50 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The Iranian rial traded at over 2.5 million per US dollar this week, setting a new all-time record low. [2] The record low occurred as the central bank announced an injection of up to $2 billion intended to support the currency. [5] Iran’s annual inflation rate currently runs near 90%, with national GDP projected to shrink 5.4% this calendar year. [6]