Sanctions promised to make things even tougher. Relations between the u. S. And iran have gotten worse three months ago President Donald Trump unilaterally pulled out of the Iran Nuclear Deal and said hed impose the toughest sanctions iran has ever faced a declaration of economic war against the islamic republic. Since then irans economy has plunged into chaos the collapse of the countrys Currency The Reaal has accelerated it has now lost seventy percent of its value against the euro the government has banned many Currency Transactions since april the falling reale didnt just hurt Currency Holders food prices have risen by at least forty percent. And last week President Trump further stirred the pot with a surprising proposal thank you very much thank you i would certainly made with iran if they wanted to meet i dont know that theyre ready to have a hard time right now. But i ended the iran deal it was a ridiculous deal the response from irans leaders was tepid but several
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a big run on the currency. speaking of the currency of the iranian veil has dropped in value dramatically over the past month so now the government has announced they re easing foreign exchange rules what do you make of this you know what they tried to fix the rate back in april and it was a disaster all that did was open up the black market speculators and people that political connections were able to use that in corrupt ways and that increased the anger on the streets even more interesting things today that we ve seen the arrest of the central bank vice going to who s in charge of foreign exchange and there has been a real push to actually take judicial action against corrupt officials will see that to be a genuine positive to come out of all these problems for eric we ve also been hearing about protests in several places around the country how does this make president rouhani look. was very hard for us to verify what s going on out there because the