Rial Crashes to Record 1.5 Million per Dollar

The Iranian rial plunges to a new all-time low of 1.5 million per US dollar on the black market, a 9% drop in 72 hours. The Central Bank's stabilization attempt at 1.38 million has completely failed. Import costs for basic goods skyrocket, with bread prices doubling in some regions. Economists warn of hyperinflationary spiral.