Steve Hanke, a professor of economics at Johns Hopkins University, stated that Iran's national currency, the rial, has appreciated 11% against the US dollar since the start of attacks by the US and Israel against Iran. This increase is a significant point that has been overlooked by international media.
The editorial reports that this fact has been almost entirely unaddressed by Western media. The increase observed in the value of the Iranian rial with the commencement of military operations by the US and Israel against Iran is being met with interest by economic analysts.
As Professor Hanke noted, the 11% strengthening of the rial against the US dollar is contrary to the trends expected in a war situation. The lack of further information on this topic is noteworthy.