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A strike by traders in Tehran to protest the economic deterioration
Fars News Agency reported on Monday that traders at the Tehran bazaar closed their shops in protest against the country's economic situation.
The strike comes at a time when the Iranian currency is falling significantly due to weak economic performance and financial difficulties in local banks, and heavy demand for the dollar among Iranians worried about Washington's withdrawal from the nuclear agreement and renewed US sanctions, which may reduce the country's exports of oil and others.
The devaluation of the Iranian currency has sparked a wave of public anger over the rapidly rising prices of imported goods.
Video clips in social media outlets also showed protests in the Iranian capital and traders shut down their shops.
The Iranian currency weakened from 65,000 riyals, which was recorded ahead of US President Donald Trump's withdrawal from Iran's nuclear deal in early May, to 81.5 thousand riyals in its language on Monday.
In an attempt to curb the fall of the riyal, the Iranian authorities announced in April that they would unify the exchange rate of the dollar in the official and black markets at 42 thousand riyals, with the prohibition of trading at any other price and punish those who violate the imprisonment.
But the move has not eliminated the black market because the authorities offer much lower amounts of hard currency through official channels than demand, while dealers say that everything that confirms the emergence of a free market has become a secret in Iran.
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