Reports from central Tehran indicate that protests triggered by a sharp rise in foreign exchange rates have fizzled out, with normal conditions returning to key commercial districts following changes in the country’s economic leadership.
Reports from central Tehran indicate that protests triggered by a sharp rise in foreign exchange rates have fizzled out, with normal conditions returning to key commercial districts following changes in the country’s economic leadership.
On Monday some businessmen in Tehran’s Bazaar closed or partially closed their shops in protest at what they see as the dire economic conditions in Iran and the soaring currency rates.
Iran’s Foreign Ministry spokesman says communication between Foreign Minister Seyed Abbas Araghchi and US Special Envoy Steve Witkoff remains intact, dismissing claims that channels between Tehran and Washington have been cut.
Iranian Foreign Ministry Spokesperson Esmail Baqaei has strongly condemned the Israeli regime’s recognition of Somaliland, calling the move “baseless, meaningless and illegal,” and part of a broader strategy to destabilize the region.
Reports from central Tehran indicate that protests triggered by a sharp rise in foreign exchange rates have fizzled out, with normal conditions returning to key commercial districts following changes in the country’s economic leadership.
On Monday some businessmen in Tehran’s Bazaar closed or partially closed their shops in protest at what they see as the dire economic conditions in Iran and the soaring currency rates.
Iranian President Massoud Pezeshkian emphasized the exceptional challenges faced by the country during this year’s budget planning in a parliamentary address.
Iran has recorded a modest increase in its year-on-year inflation rate during the calendar period ending in late December, according to the Statistical Center of Iran (SCI) .