U.S. President Donald Trump has claimed that his administration’s policies are weakening Iran’s national currency. He argued that growing economic pressure continues to push the Iranian rial lower. Trump shared the claim in a Truth Social post. He also published a chart showing the rial’s decline against the U.S. dollar over the past year.
The chart showed that one U.S. dollar traded near 90,000 tomans in early 2025. By July 2026, the exchange rate had reached almost 190,000 tomans. However, Trump did not provide any explanation alongside the chart. Even so, the post drew attention because it highlighted Iran’s worsening economic conditions.
The rial has continued to lose value in recent months. Ongoing military tensions and tighter economic restrictions have increased pressure on the country’s financial outlook. In addition, weaker foreign currency earnings have limited the government’s ability to support the exchange market.
International sanctions remain a major challenge for Iran’s economy. Restrictions on banking, energy exports, and international trade have reduced access to foreign currency. Consequently, businesses face higher import costs, while inflation continues to affect many sectors.
Economic analysts also link the currency’s weakness to regional uncertainty. Investors often move toward safer assets during periods of instability. As a result, demand for foreign currencies has increased in Iran’s unofficial market.
Economists say persistent inflation has reduced the purchasing power of Iranian consumers. Rising prices have affected food, housing, transportation, and imported goods. Businesses also face higher production costs because many depend on imported materials and equipment.
Iranian officials continue to blame sanctions and external pressure for the country’s economic problems. They also say the government is expanding regional trade, supporting domestic production, and reducing reliance on the U.S. dollar.
Financial experts believe exchange rate stability depends on several factors. These include diplomatic progress, regional security, foreign currency reserves, and market confidence. Therefore, investors will closely watch sanctions, inflation, and political developments for signs of further pressure on the rial.