“When I came into office, Iran had $70 billion in foreign exchange reserves. … By the time I left, they had nothing. They were broke.”
What PolitiFact found
Trump’s numbers are off — Iran’s reserves were larger than he states and did not drop to zero — but he’s on point about the plummeting trend line.
Their words, from the summary they publish with the rating.
In short
Donald Trump (former president) made this claim around 23 October 2023. PolitiFact (United States) looked into it and published its finding on 26 October 2023, 3 days later. Its rating was “Half True”.
Donald Trump has 1,168 checked claims in this archive. Fact-checking organisations rated 663 of them false or fake, 375 misleading or mixed and 13 true.
Where the claim appeared
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.