Iranian Currency Plunges against dollar

[Scythe13]

This could easily lead to hyperinflation, or deflation, depending on what the government decides to do.

The drop in the value could actually lead to other currencies being hugely devalued. This was a part of the basis for the Euro; to create a currency that is accepted and given a single value.

Previously the situations and problems in the countries around the world have not caused a devaluation. So of all the situations going on, this one fascinates me the most!