Iran's currency has depreciated by over 20%, and most currency exchange merchants refuse to accept it

PANews|Jun 23, 2025 09:59
According to CCTV News, the conflict between Iran and Israel continues to escalate. The head office reporter found at the Kapokuai port on the border between Türkiye and Iran that the war has not directly spread to the border, but the exchange rate, communications, security and other aspects have quietly changed, revealing the spillover effects of the conflict. The reporter saw four or five currency exchange merchants at the port, most of whom have already refused to accept Iranian riyals. Only a few are still exchanging, but they also revealed that with the escalation of the conflict, the rial exchange rate has depreciated by over 20%.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink