Iranian currency collapses to new historic low: 2.02 million rials per dollar

The Iranian rial has hit a new all-time low, falling to 2.02 million against the US dollar. The decline comes amid expectations of new US sanctions, which, according to Trump's statements, will form part of an "economic blockade" of Iran, complementing the naval blockade of its ports. Trump compared the blockade to the Normandy landings.

The Iranian rial has reached a historic low, dropping to 2.02 million per dollar. This decline occurs against the backdrop of anticipated new US sanctions, which President Trump has stated will constitute an "economic blockade" of Iran, supplementing the existing naval blockade of its ports. Trump compared the blockade to the Allied landings in Normandy during World War II, calling it a turning point in the liberation of Europe from fascism. The article does not include comments from Iranian officials or independent economists, nor does it specify the timeline for the new sanctions or provide comparative data on the rial's decline over recent weeks or months. There is no analysis of the impact of this exchange rate on Iran's economy or the lives of ordinary citizens.