TEHRAN, Iran — Iran’s currency fell on Wednesday to an all-time low as former President Donald Trump was on the verge of clinching the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East.

The rial traded at 703,000 rials to the dollar, traders in Tehran said. The rate could still change throughout the day. Iran’s Central Bank could flood the market with more hard currencies as an attempt to improve the rate, as it has done in the past.

'Our economy and social situation will surely get worse. I feel the country is going to blow up,' said one student in Tehran{ai:summary}<p>Iran's currency, the rial, hit a record low of 703,000 rials to the dollar amid concerns over Donald Trump's potential return to the U.S. presidency. This situation poses new economic challenges for Tehran amid ongoing conflicts in the Middle East.</p><p>The Central Bank may intervene by injecting more hard currencies into the market to stabilize the rial, as it has previously attempted. #economy</p>

Iran’s currency falls to all-time low as Donald Trump on the verge of reclaiming the U.S. presidency

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