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And the high rate of poverty and unemployment.
Tehran faces a severe financial crisis and the collapse of its national currency, causing a wave of protests in several parts of the country as growing fears make it fear additional shortage when the United States imposes sanctions on their financial sector.
The first phase of US sanctions early next month includes a ban on transactions in local currency Iran,
The second phase will have a longer scope wide by November, to include the operation of ports and ships, and any financial transaction between foreign institutions and the Central Bank of Iran, as well as the energy sector.
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Earlier, the former head of the Iranian Petroleum Review Committee, Sayed Mahdi Hosseini, confirmed that his country, as a result of US sanctions,
In turn, the Iranian currency has lost more half of its value against the US dollar since January, due to poor economic performance and financial difficulties of local banks.
Experts Expect to Continue The Iranian riyal is deteriorating, which will automatically increase the price of goods and services for consumers
Experts at BMI World Economic Research predict that the Iranian economy will rise will contract about 4% next year.
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US sanctions come at a time of suffering The Iranian regime suffers from several economic problems and the high rate of poverty and unemployment
Tehran is facing a serious financial crisis and is in the throes of economic crisis. collapse of its national currency, causing a wave of protests in several parts of the country.
The first phase of US sanctions early next month will include a ban on local currency transactions in Iran, gold and psychotropic metals, and the auto sector.
Phase Two Will Take Broader Extent By November, Ch
Iranian oil exports have dropped eight percent over the last two months, particularly with Washington pressure on its allies to Stop importing Iranian oil, up to zero.
Earlier, the former head of Iran's oil trading review committee, Sayed Mahdi Hosseini, confirmed that his country and the outcome of US sanctions would lose $ 15 trillion of its long-term national wealth .
More than half Has been valued against the US dollar since January due to weak economic performance and financial difficulties of local banks.
Experts predict that the Iranian riyal will continue to deteriorate, which will automatically increase the price of goods and services for consumers. (BMI) for global economic research, the Iranian economy will see a contraction of about 4 percent next year.
