Three years ago I posted – Saudis oil pumping crashes oil price kneecapping the Iranian economy – how do the Teheran Mullahs pay to build those nukes now? – Patience and resolve pays off the BBC reports – Iran cities hit by anti-government protests – A BBC Persian investigation has found that Iranians, on average, have become 15% poorer in the past 10 years alone.
Many believe that money that should be used to improve their lives is being spent by Iran’s leaders on conflicts in Syria, Yemen and Iraq. Billions are also being spent on spreading religious propaganda and Shia Islam around the world.
I reckon there could be quiet satisfaction in Tel Aviv too. I see the Iranian RIAL is 36,093 to the US$.
www.xe.com/currencycharts/?from=USD&to=IRR&view=2Y