7 The protests have occurred due to the rise in inflation and the rapid decline in value of the country’s national currency. 7 The rial, the currency of Iran was trading at 1.38 million to a dollar as back in 2002, it was trading around $430,000 to the dollar. The leader of a London-based think tank that focuses on Iran’s economy told the New York Times many leaders in the Middle Eastern country are beginning to understand that “their failure to listen to and meet the demands of large parts of Iranian society has undermined their legitimacy and even their authority.”
Author: David Propper
Published at: 2025-12-30 23:27:06
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