Iranians are suffering their worst financial crisis since the Iran-Iraq war in the 1980s, with the national currency hitting an all-time low and the prices of staple goods soaring. With the Iranian economy crumbling under escalating western sanctions, the rial was sent into a tailspin on Monday, dropping by more than 15% to its lowest-ever level against the dollar. At midday, 34,500 rials bought $1 on the open market, compared to 29,600 rials on Sunday's close, according to Iranian currency-monitoring websites. Iran's president, Mahmoud Ahmadinejad, had previously rejected predictions that the rial would drop as low ... (full story)