Tehran protests: why are Iranians angry?
Thousands demonstrate in capital after seeing their savings dwindle
Iranians have taken to the streets of Tehran this week in the biggest protests seen in the capital since 2012.
Thousands marched towards the gates of the Iranian parliament on Monday, forcing many traders to shut up shop. Police retaliated with tear gas, dispersing the crowds, but the protests continued yesterday and are spreading to other cities.
So why are Iranians so angry?
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Donald Trump’s announcement last month that the US was withdrawing from the 2015 Iran nuclear deal has triggered a sharp decline in the value of the Iranian rial, which in turn has seen import costs skyrocket.
There were about 65,000 rials to $1 on Iran’s unofficial currency exchange market prior to Trump’s decision, compared with 90,000 rials as of Monday.
“People in the Middle Eastern nation have watched their savings dwindle,” says Sky News.
There are also fears that the threatened return to US sanctions will cut Iran’s earnings from oil experts, further damaging the already declining economy.
“We are all angry with the economic situation. We cannot continue our businesses like this,” a merchant in Tehran’s Grand Bazaar told Reuters.
President Hassan Rouhani insists his government will be able to withstand the rapid currency drop and any new US sanctions. The Iranian leader spoke out after the Central Bank of Iran announced that it will create a secondary market for foreign exchange to help get around a dollar shortage.
Yesterday Rouhani declared: “We are fighting against the United States, it wants to make an economic war. The US cannot defeat our nation; our enemies are not able to force us to their knees.”
But such reassurances have done little to calm many Iranians’ fears.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
5 ways to help the environment while on vacation
The Week Recommends An afternoon of planting trees could be the best part of your trip
By Catherine Garcia, The Week US Published
-
Doctors are taking on dental duties in low-income areas
Under the radar Physicians are biting into the dentistry industry
By Devika Rao, The Week US Published
-
Instagram hopes that blurring nudity in messages will make teens safer
The Explainer The option will be turned on by default for users under 18
By Justin Klawans, The Week US Published
-
Puffed rice and yoga: inside the collapsed tunnel where Indian workers await rescue
Speed Read Workers trapped in collapsed tunnel are suffering from dysentery and anxiety over their rescue
By Sorcha Bradley, The Week UK Published
-
Gaza hospital blast: What the video evidence shows about who's to blame
Speed Read Nobody wants to take responsibility for the deadly explosion in the courtyard of Gaza's al-Ahli Hospital. Roll the tape.
By Peter Weber, The Week US Published
-
Flies attack Donald Trump
Tall Tales And other stories from the stranger side of life
By Chas Newkey-Burden, The Week UK Published
-
Giraffe poo seized after woman wanted to use it to make a necklace
Tall Tales And other stories from the stranger side of life
By Chas Newkey-Burden, The Week UK Published
-
Helicopter sound arouses crocodiles
Tall Tales And other stories from the stranger side of life
By Chas Newkey-Burden, The Week UK Published
-
Woman sues Disney over 'injurious wedgie'
Tall Tales And other stories from the stranger side of life
By Chas Newkey-Burden, The Week UK Published
-
Emotional support alligator turned away from baseball stadium
Tall Tales And other stories from the stranger side of life
By Chas Newkey-Burden, The Week UK Published
-
Europe's oldest shoes found in Spanish caves
Tall Tales And other stories from the stranger side of life
By Chas Newkey-Burden, The Week UK Published