Tehran, Iran – Iran The rial currency was traded on Saturday with a record low against the US dollar when the country returned to work after a protracted holiday and price over 1 million rials for a single greenback Tensions between Tehran and Washington it would probably press even lower.
The exchange rate had fallen on over 1 million rials throughout the Persian New Year, Nowruz, because the currency transactions closed and only informal trade took place on the road, which excluded additional pressure in the marketplace. But when the dealers had the work again on Saturday, the speed continued to sank to $ 1,043,000, which signaled that the brand new one became deep here.
In the Ferdowsi Street within the Iranian capital Tehran, the center of the country's heart, some dealers even switched off their electronic signs, which showed that the uncertainty about how much the rial could decrease.
“We turn it off because we are not sure about the successive changes in the interest rate,” said Reza Sharifi, who’s working on an exchange.
Tensions with us press the rial
The Iranian economy was severely affected by international sanctions, especially after US President Donald Trump unilaterally withdrawn America from Tehran's nuclear agreements. At the time of the 2015 deal, wherein Iran drastically restricted its enrichment and supplies of uranium in exchange for the lives of international sanctions, the Rian was acted against the dollar with $ 32,000 against $ 32,000.
After Trump returned to the White House for his second term in January, he began his so -called “Maximum pressure” campaign, which Tehran aimed with sanctions. He went back to firms that act Iranian crude oil, including those that sold in China with a reduction.
Trump has now written to the Iranian top guide Ayatollah Ali KhameneiWith the try and jump direct talks between Tehran and Washington. Until now, Iran claimed that it is prepared for indirect conversationsBut such discussions within the context of the bidges couldn’t make any progress.
In the meantime Trump continues An intensive air raid campaign for the Houthi rebels in Yemen supported by IraniansThe last force in Tehran's self -described “axis of resistance”, wherein he was capable of attack Israel after other militant groups were accepted against the Hamas within the Gaza Strip of Israel during his war.
Mehdi Darabi, a market analyst, said that he believed that the foreign pressure prior to now few months “caused the possibility of decline in oil turnover and a stronger inflation and caused a higher rate for hard currencies,” said the Donay-e-EQtesad-Wirtschaftszeitung from Tehran.
A pensioner who only gave his first name Saeed for fear of reprisals said that if Iran stopped his enemy politics to the skin world, financial relief might be possible.
“If we want to live a comfortable life, we should maintain good relationships with our neighbors,” he said. “We shouldn't bare our teeth on them. They will do the same.”
Economic pressure ignites the Iranian public and politics
Economic upheavals have evaporated the general public savings and prompted average Iranians to capture hard currencies, gold, cars and other material wealth. Others pursue cryptocurrencies Or fall into the Rich-Quick plans.
In the meantime, the inner political pressure still stays above the mandatory hijab or the headscarf, whereby women still ignore the law on the streets of Tehran. There are also rumors that the federal government may increase the prices of subsidized gasoline within the country, which has triggered nationwide protests prior to now.
Iran's theocracy reacted by relieving the enforcement of the hijab enforcement of hijab and the restriction not less than one political figure.
On Saturday, the IRNA state news agency even quoted a part of an announcement by Mehdi KarubiA Shiite spiritual, parliamentary spokesman and two -time presidential candidate who has been held in his house since then 2011 Arab Spring protests. Karubi, who can also be one in every of the leaders of Iran's protests of the green movement from 2009, protests, is within the strategy of being released from the home arrest.
“The end of my house arrest has summarized with a super crises that … brought the country to the devastating war,” says his explanation.
The falling Rial has also exerted the Iranian reformer more pressure President Masoud Pezeshkian. In March, when the rate of interest was 930,000 rials within the dollar, the Iranian parliament wrote to its finance minister. Abdolnasser Hemmati above the crashing rial and Missmanagement allegations.
Pezeshkian, his vice chairman, who was answerable for the parliamentary matters of Shahram Dabiri, also shot in regards to the state expenditure for a luxury cruise in Antarctic, reported state media. Although Dabiri reported his own money for the trip along with his wife, the Instagram photos annoyed an Iranian public to survive.
“In a situation in which the economic pressure on people is enormous and the number of disadvantaged people is a massive, expensive leisure trip through civil servants, even if their own personal fund is not defensible and reasonable,” said Pezeshkian in the discharge of Dabiri, who has up to now not offered a public explanation for his trip.
Pezeshkian said individually on Saturday that Iran has a “dialogue from the same position” with the USA
“If you want negotiations, what is the meaning of the threat?” Pezeshkian asked in accordance with Irna. “Today, America is not only the humble of Iran, but also the world, and this behavior contradicts the demand for negotiations.”
Originally published:
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