Trump Blasts Iran as Rial Sinks, Calls Currency “Trash”

Trump Blasts Iran as Rial Sinks, Calls Currency “Trash”

Trump attacks Iran over its collapsing rial, sharing a chart showing 1 million rials worth roughly $1.11 and accusing Tehran of 51 years of bad behavior.

Richard Miniter
First Published: August 9, 2026, 1:08 PM ET

Donald J. Trump attacked Iran over its collapsing currency, calling the rial worthless and blaming Tehran for decades of hostile conduct. The U.S. president shared a chart on Truth Social showing 1 million Iranian rials worth roughly $1.11. Trump summed up his verdict in one word: trash.