Cryptic crossword clue
Iran’s foolishly investing a currency abroad 6

The most common and most likely answer to this crossword clue is the 6 letter word NAIRAS

I've seen this crossword clue in The Guardian
N
A
I
R
A
S

Buddy explains!

The straight part
We know that "currency abroad" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case currency abroad = nairas.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does NAIRAS mean?

NAIRAS noun
  1. The official currency of Nigeria, which replaced the pound in 1973; the principal denomination of the currency, equal to 100 kobo.

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