Iran, Economy

Iran's currency dropping the more Israel hits Hezbollah

Iran International reports that Iran's currency has dropped 3.3% in value since last week following Israel's string of successful hits against Hezbollah.

Iranian Rial. (Photo: RODWORKS/Shutterstock)

Not just Israel: Iran's currency is reportedly taking a serious hit from Israel's successful attacks against Hezbollah, according to a report by Iran International.

Iran's currency, the rial, has reportedly dropped 3.3% in value since last week following the IDF's intensive strikes against Hezbollah, not only destroying much of its rocket and missile arsenal, but also eliminating most of its senior and operational staff, including leader Hassan Nasrallah himself.

The mass explosion of Hezbollah pagers and walkie talkies also hit the Iranian currency here.

Iran has been consistently suffering serious economic woes for years under western sanctions, including serious inflationary rates of 40-50%, with protests and strikes repeatedly occuring throughout the country.

IDF Hezbollah Iran Currency

Comments

Do not send comments that include inflammatory words, defamation and content that exceeds the limit of good taste.

The comment was sent successfully.
Soon the response will be examined by our editors and if it is found to be correct it will be published on the website.
The comment was sent successfully.
Soon the response will be examined by our editors and if it is found to be correct it will be published on the website.


Hezbollah, Hassan Nasrallah, Abbas Nilforoushan

Iranian general assassinated alongside Nasrallah: Regime vows revenge
Avi Nachmani | 21:29

Tiberias, Northern Residents, Nasrallah assassination

Mayor of Tiberias: 'Residents Are Happy About the Assassination. We Feel Safer.'
Eliana Fleming | 20:53

Pope reaction, Nasrallah elimination, Israeli Airstrikes on Lebanon

Pope on Nasrallah's Elimination: 'Immoral Actions'
Eliana Fleming, JFeed Staff | 20:44

Houthi threat, Israeli targets, War on terrorism

The Houthis announce: these are the targets we will attack in Israel
Eliana Fleming, JFeed Staff | 19:37

Nasrallah assassination, IDF Airstrike, Tracking device

Revealed: A tracking agent was smeared on Nasrallah, revealing his location
Eliana Fleming, JFeed Staff | 19:27

Israeli Airstrikes, Fight against terrorism, Hezbollah war

Day of Attacks: Casualty Numbers in Yemen and Lebanon
Eliana Fleming, JFeed Staff | 19:10

Iran, Jewish Community, Hassan Nasrallah

Iran’s Jewish communities mourn Nasrallah, demand retribution 
Avi Nachmani | 16:31