Economic sanctions that have continued for years in Iran, high inflation, and restrictions on oil exports have led to the devaluation of the currency.
Modern.az reports that the country's national currency, the rial, has practically fallen to the “0.00” level against the euro and the dollar.
The sharp devaluation of the rial has also “fueled” the protests that have continued uninterrupted since December 28, 2025. Dozens of people have lost their lives in the demonstrations, and thousands of people have been detained.
The currency's record drop against the dollar and euro, rising inflation, and increasing living costs constitute the main concerns of the protesters. The demonstrations ongoing since December 28 began with economic problems, but in recent days, slogans for political reforms and protests against the government also continue. ("Qafqazinfo")
