The text below was supplied by the Scoop Newsroom app. Third-party reporting is attributed in the source panel.
At home, food prices rose around 128% year on year in July, according to official data cited by Reuters news agency. He said Iranian entrepreneurs are increasingly uncertain whether banks will maintain their accounts or whether residency rules could be tightened. "In an environment where there is no stability and the outlook is unclear, you cannot really run a business," he said. Closing one route may make transactions more expensive without necessarily stopping them. "The broader consequence is likely to be corrosive rather than transformative," Salavati said, warning that the result could be an even larger and less controlled underground economy.
Breaking news moves fast. Follow @Will466513 on X for breaking news alerts. Follow on X โ