80% Decrease in Iranian Workers’ Purchasing Power as the Rial Continues to Spiral

Iran Focus London, 3 Nov – On Wednesday, economic expert close to Iran, Davoud Mirzaie, said that as the country’s currency, the rial, continues to plummet, Iran’s workers have lost 80 percent of their purchasing power. In an interview with the state-run ISNA news agency, Mirzaie continued. “The 19.5 percent wage increase has not shown … Continue reading 80% Decrease in Iranian Workers’ Purchasing Power as the Rial Continues to Spiral