Points clés
- The Iranian rial experienced a new record low, trading at 1,928,000 against the US dollar.
- The US reimposed a naval blockade on Iranian ships and ports, while Iran announced it had closed the Strait of Hormuz.
- Inflation peaked in June, with general inflation reaching 88.6% and food inflation reaching 133.9%.
- The Iranian government reported that the ongoing war since February has caused 270 billion dollars in damage to the country.
En chiffres
Following the deepening of military and political tensions with the US, the Iranian currency, the rial, saw its lowest level in history. At exchange offices in Tehran, each dollar was traded at a selling price of 1,928,000 rials. This sharp decline accelerated since last Saturday, when the US launched a new wave of attacks against Iran's southern cities.
Additionally, Washington reimposed a naval blockade on Iran's ports and ships. This step came after Iran's decision to close the Strait of Hormuz. US retaliatory attacks, which began following Iranian attacks on commercial vessels in the region, brought the tension between the two countries to its highest level.
The Iranian economy was already under severe pressure, as general inflation reached 88.6% and the food and beverage sector reached 133.9% in June, marking their highest levels in recent years. War and blockade conditions in the country, combined with the devastation caused by damaged infrastructure following economic protests in January and a 40-day bombardment that began in February, are putting the public in an even more difficult situation.
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Questions fréquentes
- Why has the Iranian rial lost so much value?
- The rial is experiencing a historic loss in value due to the blockade and war conditions triggered by military clashes with the US, trade restrictions, and the severe inflation crisis the country is going through.
- What does the naval blockade imposed by the US mean?
- With this decision by Washington, commercial and maritime transportation to Iranian ports and ships is being obstructed; this situation further increases the country's economic isolation.
- How much damage has the war caused to the Iranian economy?
- According to data announced by the Iranian government, the Israeli and US bombardment that began in February and lasted for 40 days caused approximately 270 billion dollars in material damage to the country.
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