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    ‘Implosion of the Iranian economy’ on the cards amid record low currency

    Sky News Australia
    October 2, 2026
    via Sky News Australia

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    ‘Implosion of the Iranian economy’ on the cards amid record low currency

    Republican strategist John Jordan says “a lot more people are going to be unemployed” in Iran with traders now exchanging 2.5 million rials to the US dollar. Mr Jordan believes Iran will have less power to import raw materials and parts due to the weak currency. “You’re going t

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