Insider news & Analysis in Iran

By INU Staff

INU - The Iranian currency dropped more than a fifth of its value since 2017 and now at an all-time low, mainly thanks to the Iranian Regime’s corruption and war-mongering.

By INU Staff

INU - With the uncertainty surrounding the future of the 2015 Iran nuclear deal, the Iranian rial has hit a record low. Iranians, concerned about what will happen if the United States exits the deal, are hoarding, even despite the crackdown that is being placed on foreign exchange dealers.

By INU Staff

INU - Hossein Raghfar, the prominent Iranian economist, told state-run Iranian Students News Agency (ISNA) on April 7th that 33 percent of the country’s population live in poverty, and around six percent are starving.

By INU Staff

INU - Iranians are angry at President Hassan Rouhani over the record fall of the Iranian currency. While the president has repeatedly dismissed the rise of the dollar against the rial as insignificant and transient, on March 28th the rial hit a new low of 52,000 to the US dollar. Just one year ago, the rial was around 38,000 to the dollar.

By INU Staff

INU - Iran’s exports of crude and condensate oil are set to fall to a two-year low this month as purchases from its main Asian buyers will drop a massive one-fifth from last month, according to a source with inside knowledge of Iran’s tanker loading schedule.

By INU Staff

INU - The dire economic conditions in Iran has made the struggle to provide for their families difficult for many ordinary Iranians. Both prices and unemployment continue to rise. While the regime promised economic benefits would follow the lifting of various sanctions via the 2015 nuclear agreement, they have not materialized.

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