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23 clusters · 45 sources · 64 days · First seen · Last updated

Iran market volatility and inflation trends

Overview

Since early July 2026, Iranian market bulletins have tracked extreme volatility across foreign currencies, gold, and commodities. By early August, economists warned that exchange-rate hikes and consumer-goods price increases of over 100% were pushing the economy toward hyperinflation. On 18 August, the Iranian rial lost value against both the US Dollar and the Pakistani Rupee, with the US Dollar trading between approximately 1,872,000 and 1,882,000 IRR in the free market. On 23 August, the rial reached a new record low amid expectations of additional United States sanctions. Inflationary pressures have heavily impacted the pharmaceutical and automotive sectors. While previous reports noted a producer price index of 114% for pharmaceuticals, Ahmad Aryainejad of the Parliament’s Health and Treatment Commission reported that prices for some imported single-ingredient drugs have increased by as much as “10 to 20 times,” occasionally driving products to the black market. Data from the Statistical Centre of Iran on 27 August indicates the annual consumer inflation rate reached 69.9 percent, with food, beverages, and tobacco inflation at 127.5 percent. As of 31 August, the Central Bank of Iran reported that the value of 43 currencies increased against the rial compared to late August, setting the official US dollar rate at 1,589,555 rials. Regarding the automotive sector, the government is reviewing proposals to implement a minimum vehicle import duty of 100 percent. By 2 September, the economic crisis intensified as the US dollar surpassed the 2.1 million rial mark on the free market, representing a roughly 60 percent loss in the rial’s value since March. This collapse is attributed to ongoing sanctions, US-imposed naval blockades on Iranian ports, and the severance of access to regional banks by the US Treasury. Year-on-year point-to-point inflation is now reported between 84% and 89%. By 10 September, the pharmaceutical crisis deepened.

Entities

Central Bank of Iran · Iran · United States · Saipa · Iranian rial

Claims

What the coverage asserts, and how many sources carry each claim.

Coverage disagrees

Sources make claims that cannot both be true. CLSTR reports the disagreement; it does not decide who is right.

  • "The US dollar broke above 2.1 million Iranian rials on Tehran's free market on Wednesday" www.euronews.com · adevarul.ro

    vs

    "The free market price of the US dollar reached 192,000 tomans."

    The first claim states the US dollar rate is above 2.1 million rials, while the second claim states the rate is 192,000 tomans (which equals 1.92 million rials).

Timeline

  1. 8 days ago

    [BUSINESS] 4 sources
    Iran car battery prices rise amid currency fluctuations

    Car battery prices in Iran are rising due to increased costs for raw materials and production, triggered by recent fluctuations in the exchange rate.

  2. 11 days ago

    [BUSINESS] 5 sources
    Iranian medicine prices surge due to rising production and logistics costs

    Iranian-made medicine prices have risen by 150%, while foreign drugs increased by up to 400% due to rising raw material, packaging, and transport costs.

  3. 11 days ago

    [BUSINESS] 2 sources
    Iranian Rial devalues significantly against US Dollar and Pakistani Rupee

    The Iranian Rial has seen a historic decline against the US Dollar and Pakistani Rupee, prompting speculative buying in Pakistan's open market despite increased volatility.

  4. 15 days ago

    [BUSINESS] 2 sources
    Iran meat import prices projected to reach 1.4 million tomans per kg

    Imported boneless meat prices in Iran are expected to reach 1.3 to 1.4 million tomans per kg due to currency fluctuations and rising demand in the second half of the year.

  5. 18 days ago

    [HEALTH] 4 sources
    Iran Health Commission investigates rising drug prices and currency allocation

    Iran's parliamentary health commission is investigating soaring drug prices and uneven currency allocation as some medication costs have tripled, leaving patients to pay up to 80% out-of-pocket.

  6. 18 days ago

    [INTERNATIONAL] 14 sources
    Iranian rial hits record low as US dollar exceeds 2.1 million

    The Iranian rial has hit a record low, with the US dollar exceeding 2.1 million rials amid US sanctions, a naval blockade, and high inflation. The Central Bank may inject $2 billion to stabilize the market.

  7. 19 days ago

    [BUSINESS] 2 sources
    Iran driving license costs rise to 16 million tomans

    Driving license costs in Iran have surged by 50 percent to approximately 16 million tomans, driven by inflation, high vehicle maintenance costs, and new government mandates for fleet replacement.

  8. 21 days ago

    [BUSINESS] 4 sources
    Iran considers raising vehicle import tariffs to 100 percent

    Iran considers raising vehicle import tariffs to 100 percent to fund livelihood subsidies, while Customs clarifies that current clearance processes for commercial and diaspora imports remain active.

  9. 21 days ago

    [BUSINESS] 2 sources
    Central Banks of Iran and Azerbaijan release official exchange rates

    The Central Banks of Iran and Azerbaijan have released official foreign currency exchange rates for late August and early September, noting fluctuations in the Iranian rial.

  10. 24 days ago

    [BUSINESS] 2 sources
    Iran faces rising medicine costs and shifting food trends

    Iran faces sharp increases in medicine prices, with some drugs rising up to 20 times due to sanctions and import issues, while legume production is expected to grow by 15% to meet rising demand.

  11. 24 days ago

    [BUSINESS] 5 sources
    Iran inflation rate reaches 69.9 percent in August

    Iran's annual consumer inflation reached 69.9 percent in August, driven by a 127.5 percent surge in food and beverage prices. Year-on-year household inflation hit 89 percent.

  12. 24 days ago

    [BUSINESS] 2 sources
    Central Bank of Iran reports slowdown in inflation acceleration

    The Central Bank of Iran reported that monthly inflation slowed to 3.7 percent in Mordad, following monetary policies aimed at curbing the peak rates seen earlier this year.

  13. 29 days ago

    [BUSINESS] 8 sources
    Iran automotive industry faces rising production costs and inflation

    Rising producer inflation and increased costs for raw materials and logistics are driving up vehicle and tire prices in Iran, with significant surges noted in dual-fuel car models.

  14. about 1 month ago

    [BUSINESS] 2 sources
    Iranian Rial loses value against US Dollar and Pakistani Rupee

    The Iranian Rial has declined against the US Dollar and Pakistani Rupee, while the Pakistani Rupee shows mixed trends against major global currencies.

  15. about 1 month ago

    [BUSINESS] 2 sources
    Central Bank of Iran releases August currency exchange rates

    The Central Bank of Iran released official exchange rates for August 9-10, 2026, showing a rise in the value of most foreign currencies against the rial.

  16. about 1 month ago

    [BUSINESS] 6 sources
    Iran Mercantile Exchange records 109.9 trillion Toman in weekly trades

    The Iran Mercantile Exchange saw 3.3 million tons of products traded last week, valued at 109,900 billion Tomans, amid various currency and gold price updates.

  17. about 2 months ago

    [BUSINESS] 2 sources
    Iranian rial drops as US dollar falls to 187,300 rials

    Iranian rial fell as the US dollar dropped to 187,300 rials; euro rose to 216,370 rials. Bitcoin traded at 64,798 rials, Ethereum at 1,916 rials.

  18. about 2 months ago

    [BUSINESS] 3 sources
    Iran Faces Escalating Inflation Risk as Rial Continues to Depreciate

    Iranian officials warn that a falling rial and rising exchange‑rate policy could push the country toward hyperinflation, with July inflation at 87.9% YoY and prices over 100% higher for many goods.

  19. about 2 months ago

    [BUSINESS] 2 sources
    Iran Central Bank Publishes August 2-3 Exchange Rates

    Iran's Central Bank posted official rates for Aug 2‑3, with the rial at 1,480,445 / 1,487,630 per US $ and 1,707,316 / 1,714,968 per euro, while most currencies rose and black‑market rates stayed near 2 million

  20. about 2 months ago

    [BUSINESS] 3 sources
    Iranian rial gap widens as dollar hits record high

    Iran's free‑market dollar hit 192‑195k rials, widening the gap with the official rate to 26 percent; the rial has lost over half its value in a year, and Tehran’s stock index slipped to a five‑million‑point low

  21. about 2 months ago

    [BUSINESS] 5 sources
    Iranian market sees higher steel, rebar and car prices as bond yields rise

    Iranian steel, rebar and car prices rose on 4 Mordad, while AKHZA bond yields hit 38.3%, indicating higher financing costs.

  22. about 2 months ago

    [BUSINESS] 8 sources
    Iran's rial slides as dollar nears 200,000, fueling broader price hikes

    Iran's rial fell to 1.9‑2 million per dollar as the USD nears 200,000 rials; car prices surged, the gold coin hit 185 million rials, and Brent crude topped $100 amid regional tensions.

  23. 2 months ago

    [BUSINESS] 3 sources
    Iran livestock and second‑hand gold prices reported on July 11, 2024

    Iran posted live‑livestock prices and a second‑hand gold price of 17.243 million tomans on July 11, 2024.

Sources

adevarul.ro · aftabnews.ir · arynews.tv · banker.ir · bourse24.ir · boursenews.ir · bstr.fi · chinesepress.com · comunhao.com.br · daroovasalamat.ir · en.dailypakistan.com.pk · en.trend.az · enghelabe-eslami.com · etemadonline.com · ettelaat.net · euronews.com · europesays.com · gadgetnews.net · ghatatnews.ir · gilkhabar.ir · guiame.com.br · ir.voanews.com · iranfocus.com · iranmedicalinfo.com · irannewsupdate.com · kayhan.london · khabarfoori.com · mo.cna.it · negarmag.com · noandish.com · panama24horas.com.pa · pedal.ir · rokna.net · roshanpakistannews.com · ruydadiran.com · spacemoney.com.br · tabnaktehran.ir · the-post.it · trend.az · tribunejuive.info · urdu.arynews.tv · vananews.com · vetogate.com · yemen-window.com · ziarulactualitatea.ro

This summary has been updated 32 times: see revision history