Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “rial”

Protests Engulf Iranian Regime

As protests in Iran enter their second week, speculation grows over whether the Ayatollah Ali Khamenei will flee, perhaps to Russia. The protests have now spread to 23 of Iran’s 31 provinces. At least 16 individuals have been killed.

Protesters are angry toward the Iranian regime after a sharp decline in the value of the Iranian currency, the rial. It was been plunging vis a vis the American dollar, down to new record lows.

This has resulted in economic crises on the home front, with many citizens unable to afford food, rent and the basics of life. Here’s more from Firstpost.

Iran’s Currency Collapses

According to Radio Farda – the US government-funded Persian-language version of Radio Free Europe – the Iranian currency – the Rial – is collapsing. What does this mean? Here is a photo of a line of Iranians in front of a currency exchange ready to travel abroad. They have to have foreign currency to pay for things because a coffee shop in Paris has no idea what an Iranian Rial is, much less what it is worth. Bill Still reports.

ARVE error: need id and provider

Post Navigation