11 Articles
11 Articles
The collapse of the rial amid the war and economic sanctions has sharply reduced the purchasing power of the population. According to financial observers, the average monthly salary in the country has fallen from the equivalent of around 120 euros to around 70 euros since the beginning of the year. The devaluation has made imports of consumer goods and raw materials particularly expensive and has further increased domestic price pressures. Resid…
The Iranian national currency Rial continues to lose value, the average monthly wage declines. The regime reports the execution of a protester. The live blog
Iran ' s rial fell to a record level on the open market, after the euro ' s exchange rate exceeded 3 million rials for the first time, amid increasing economic pressures and rising costs
The Iranian rial continues its downward slide, weighed down by US sanctions and an oil embargo, falling to a new low. One US dollar is now worth almost 2.7 million rials, up from just over 2.6 million on Friday, according to free market monitoring website bon-bast.com. At the same time, ... More www.ertnews.gr
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