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

Following years of international sanctions and economic setbacks, the currency's decline underscores Iran's ongoing financial struggles.

Iran’s currency, the rial, fell Wednesday to an all-time low as former President Donald Trump was on the verge of clinching the U.S. presidency again. The rial traded at 703,000 rials to the dollar. In 2015,

DUBAI, United Arab Emirates (AP) — An Iranian official claimed Tuesday that Iranian-German prisoner Jamshid Sharmahd died before Tehran could execute him — directly contradicting the country’s earlier announcement he had been put to death.

Iran’s judiciary has said Iranian-German dissident Jamshid Sharmahd died before his execution was reported by state media late last month.

An Iranian official has claimed that Iranian-German prisoner Jamshid Sharmahd died before Tehran execute him — directly contradicting the country’s earlier announcement he had been put to death