The rial traded at more than 2.5 million rials to the U.S. dollar, according to the Associated Press (AP), in text republished by U.S.

News — just 27 days after the previous record low of 2.2 million to the dollar on Sept. 2; the United States announced a new round of sanctions aimed at Iran on Monday and warned every country that does business with the country, according to AP, in text republished by ABC News.