The Newshound

Iran's currency hits record low as regime floods Tehran streets with 51,000 security forces to crush unrest

From the Newshound archive · first published 29 September 2026 · last updated 1 October 2026.

Women at a rooftop party in Tehran, as Iran's security forces deploy motorcycle units and checkpoints while coercing prisoners into warning families to stay away from protests.
Women at a rooftop party in Tehran, as Iran's security forces deploy motorcycle units and checkpoints while coercing prisoners into warning families to stay away from protests.

Iran's rial has collapsed to more than 2.5 million to the US dollar, a record low, as seven months of war erode living standards for ordinary Iranians already battered by soaring food and medicine prices. Across Greater Tehran, 51,000 security personnel — among them 30,000 IRGC and Basij members — have been deployed as university students take to the streets again over dress-code enforcement, the rising cost of education and political repression. Qatar is pushing for a peace deal even as Trump's denial of any sanctions relief sent oil prices higher.

Iran's IRGC went around its own government to release a 25-page letter addressed to American voters ahead of November's midterms, calling on them to press Trump to bring the war to an end.

Trump rejected any suggestion that he is open to easing sanctions on Iran, even as Qatari mediators work to bring both sides to the table.

MoreNY PostIran indicates it’s received an official US response to its latest offer on ending the warFox NewsIranian regime slams Trump over Strait of Hormuz, nuclear programAPIranians face soaring prices for medicine as the US blockade and sanctions hit hardReutersOil climbs after Trump denies he is willing to ease sanctions on IranReutersQatari mediators press peace deal between US and Iran
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