This study adopts a comparative political economy lens— drawing on data from the IMF, World Bank, and OECD, as well as the ...

TEHRAN, Iran (AP) — Iran ’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a ...

Poverty in Iran had become so widespread that in 2021, Feryal Most warned of the middle class collapsing and merging into the poor population ...

Last month’s war with Israel and the United States lasted only 12 days, but Iran is likely to feel its consequences for years ...

Over the weekend, Iran's currency, the rial, hit a record low of 756,000 to the dollar. Since September, the embattled currency has suffered the ripple effects of devastating hits to Iran's ...

The currency plunged as Iran ordered the closure of schools, universities, and government offices on Wednesday due to a worsening energy crisis exacerbated by harsh winter conditions.

A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan. 6, 2018.