For ordinary Iranians, the consequences are catastrophic. The official minimum wage for the Persian year 1404, just over 100 million rials per month, is worth less than $80 at today's exchange rate. A ...
Iran currency collapse explained: If you have $735 in your pocket today, you are technically a billionaire in Iran. That’s because Iran’s national currency has plunged to a historic low, with the US ...
The Iranian government has imposed a deadly crackdown on protests in Iran, with more than 2,400 protesters killed in the past fortnight. The protests began late last month when a currency crash led ...
As Iran’s rial hits record lows, Bitcoin is resurfacing in public discourse. Its decentralized design is often cited as a contrast to state-managed fiat currencies. Iran’s 2025 currency collapse ...