On March 1, the Iranian rial (IRR) experienced a sharp devaluation, plummeting by several tens of times. The exchange rate reached 1,314,113 Iranian rials per US dollar, with 1 Iranian rial equivalent to approximately 0.00000076 US dollars.
As of March 2, 2026, the US dollar index was reported at 97.82, showing a slight intraday increase of 0.07%. The index continued its volatile rebound trend observed since late February but failed to break through the resistance level at 98.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.