Iran's rial hit a record low against the free-market dollar, which crossed 240,000 tomans and is trading around 243,000-244,000, according to a Telegram OSINT source. The currency has more than doubled in value in a year, having been around 111,000 tomans per dollar a year ago.

The official rate remains at approximately 173,000 tomans, creating a significant gap between the official and free-market exchange rates.