Iran is facing one of the most acute economic breakdowns in its post-revolutionary history, as a collapsing currency, a deeply unpopular austerity budget and growing public unrest converge into a widening national crisis. The turmoil erupted as parliament debated a stringent austerity bill, coinciding with a sudden collapse of the toman, which lost more than … The post Toman in freefall, bazaar in revolt: Iran’s economic crisis reaches breaking point appeared first on Times Kuwait .