MAY 12, 2025 JLM 72°F 11:10 AM 04:10 AM EST
Renewed signs of pressure in Iran

The Iranian public is once again stressed after a period of relative calm. Today, the dollar exchange rate on Iran's black market has soared to a high of around 705,000 rials. 

This means that Iranians, the general public and traders are increasing their demand for the American currency. This happens mainly in times of stress and crisis.

The reason for the increase in the dollar exchange rate in recent days is the fear that sanctions pressure will soon prevail over Tehran. 

The decision made by the International Atomic Energy Agency on Thursday against Iran paves the way for the European Union to also respect sanctions on the ayatollahs' regime. This is in addition to the Iranians' constant fear of what the Trump administration will do.

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Randy Abramovitz 20:21 23.11.2024
Russia and China to the rescue.
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