Economy

VOA – Iranians say prices of foreign pharmaceuticals have surged in recent weeks because of the strengthening U.S. dollar, causing hardship for the sick and inciting anger toward people seen as profiting from the situation. In Tuesday’s edition of VOA Persian’s Straight Talk call-in show, callers from inside Iran accused the government of failing to deal with the problem. The …

Radiofarda – One week after the Rouhani administration announced the government-imposed rate of 42,000 rials against every US dollar, chaos and ambiguity in Iran’s foreign exchange market continue. In an attempt to control the free fall, the Rouhani administration announced an imposed rate of 42,000 rials to the U.S. dollar April 10, in addition to other protective measures. Some street …

Radiofarda – Iran’s central bank has announced a ban on the sale of foreign currencies at exchange bureaus. Under new government guidelines, exchange bureaus no longer have the right to buy, sell, or transfer foreign currencies, and the central bank will no longer provide cash to the bureaus. Mohammad Ali Karimi, head of public relations for the central bank, announced …

Businessinsider – Iran’s currency recently hit an all-time low, and economic uncertainty looks likely to test the country’s political establishment.

radiofarda – Reports received from Iran on social media say angry farmers again launched protests in Isfahan, central Iran on Friday, against “mismanagement of water resources”.

rferl.org – U.S. President Donald Trump’s pick to become Washington’s top diplomat sought to defuse fears that he might advocate withdrawing from the Iranian nuclear deal, saying he will continue working with U.S. allies to try to strengthen and “fix” the agreement.

voanews – WASHINGTON — Iran’s central province of Isfahan has seen a second consecutive day of street protests against water shortages, as lawmakers warned that millions of residents will have no tap water as soon as next month.

rferl.org – U.S. Treasury Secretary Steven Mnuchin has signaled that the United States may impose “very strong” sanctions on Iran as President Donald Trump seeks to address what he called the “disastrous flaws” in the 2015 nuclear agreement between Tehran and world powers.

rferl.org – A senior hard-line Iranian cleric has called for the execution of “several key money changers” to help end the country’s currency crisis.

rferl.org – Hundreds of farmers have demonstrated in the Iranian city of Isfahan over the lack of water available to irrigate their fields.