Thousands of people have protested in Iran in recent days against the dramatic devaluation of the currency, amid an economic crisis that has engulfed the country. What began as a strike by shopkeepers and bazaar merchants on Sunday has become an outcry of political anger, with some even chanting “Death to the dictator!” The spontaneous protests have already spread from Tehran to other cities, such as Isfahan and Mashhad. Is the currency crash an inflationary crisis? One US dollar is currently worth 1.45 million Iranian rials. A year ago, the exchange rate was 820,000 rials, meaning the monthly wages of […]... Keep on reading: Iran on the brink? Key information about the protests