Iranian Navy Commander Rear Admiral Hossein Khanzadi said that the country’s new marine cruise missile, named Abu Mahdi, with a range of 1,000km makes the American forces in the region more anxious about Iran’s defense power.
“The missile, in addition to its long range, can also be programmed. I imagine that when you have a missile which moves from one side to the target which has not been expected by the enemies, it is highly effective,” Rear Admiral Khanzadi said in an interview with the state TV on Sunday.
The Iranian currency plunged against the US dollar as the country continues to deal with the economic impact of US sanctions and the coronavirus.
According to foreign exchange shops and websites, the rial in the free market on Saturday fell as high as 188,000 against the dollar.
The currency traded at around 150,000 as the country saw its first case of Covid-19 in February. From 2015, when the Islamic Republic accepted the curtailment of its nuclear program in exchange for sanction relief, the riot has fallen by more than 500% in value.