Iran to create secondary currency market by next week

Protesters in the Iranian capital swarmed its historic Grand Bazaar on Monday news agencies reported and forced shopkeepers to close their stalls in appa

Protesters in the Iranian capital swarmed its historic Grand Bazaar on Monday news agencies reported and forced shopkeepers to close their stalls in appa

Thousands who turned out in Tehran to protest against the country's deflating economy were met with tear gas and police lines as they clashed with security services and forced the temporary closure of the city's Grand Bazaar.

Iranian women will be allowed to watch their country's final World Cup group game against Portugal on Monday at a public viewing in a stadium in Tehran, the stadium manager said on Sunday.

A government-set exchange rate of 42,000 rials to $1.00 has quickly been surpassed in the black market.

RFE/RL's Radio Farda reported that the protest at the bazaar began in a clothing market and soon spread to other markets - including a relatively more modern area where home appliances are sold.

As WND reported, emboldened by new sanctions imposed by the United States in the wake of the cancellation of the nuclear agreement, Iranian citizens increasingly have engaged in bold acts of civil disobedience and protests intended ultimately to bring about the overthrow of the mullah-led Islamic regime. Iran's semi-official ISNA news agency described the protests as erupting after the Iranian rial dropped to 90,000 to the dollar on the country's black market, despite government attempts to control the currency rate.

Argentina boss Jorge Sampaoli denies reports of rebellion ahead of Nigeria clash
The World Cup is now in full swing, and FanDuel is offering daily fantasy contests every day, for the entirety of the tournament. Gernot Rohr is expected to stay with the 11 that started against Iceland while Jorge Sampaoli is expected to ring the changes.

On Saturday, Mohammad Shariatmadari, Iran's Minister of Industry, Mines and Commerce, announced the ban in order to counter the U.S. financial pressures against the Islamic republic.

In the Grand Bazaar, hundreds staged a similar protest, videos posted on social media showed.

The economic trouble also comes as global firms have pulled away from Iran after U.S. president Donald Trump's decision to withdraw America from Tehran's nuclear deal with world powers. "Over the previous year, dollar appreciated 140 percent against rial". Israeli Deputy Minister Michael Oren charged in January that Obama didn't support the revolution a decade ago because he hoped to reach a deal with Iran on its nuclear weapons, which he signed six years later.

"Their demands are delivered through the chamber to the government, and these are being pursued by us", he said.

Emadi and other Iranian economists noted that Iran had imposed import bans during the previous sanctions era before 2016 with only limited success. These figures suggested Iran might withstand the sanctions without an external payments crisis. Indian government sources told Reuters last week that New Delhi was looking to revive a rupee trade mechanism to settle part of its oil payments to Iran, fearing foreign channels to pay Tehran might close. Tehran real estate prices have climbed and Iran's stock market has jumped 17 percent since the end of May to a record high.

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