Iranian rial falls nearly 10% in two weeks as central bank governor calls drop temporary

Iranian rial has depreciated nearly 10% over the past two weeks, with Abdolnaser Hemmati, governor of Iran's central bank, describing the decline as temporary and subject to fluctuations. The currency also fell sharply at the start of the war, while the United States is preparing to announce an "economic war" plan targeting Tehran. In a speech broadcast on national television, Hemmati blamed U.S. political propaganda for the damage to Iran's economy and said he believes conditions will improve and the problems will be resolved.