Why Iranian Rial is Surging in the Forex Market
Edited By WION Video Desk
Published: Apr 04, 2026, 11:15 IST | Updated: Apr 04, 2026, 11:15 IST
Iran’s currency has staged a sharp rebound against the Pakistani rupee this week. Reports suggest that it reflects shifting expectations around the ongoing conflict in West Asia. In Pakistan’s open market, the Iranian rial surged fourfold against the Pakistani rupee and has reversed the steep losses it faced at the start of the war.
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