Retirees protest rising prices and economic hardship in Khuzestan's Susangerd
Retirees in Susangerd, Khuzestan, staged protests over soaring prices and poverty, urging Iranian authorities to address their worsening living conditions.
Key Takeaways
AIRetirees in the city of Susangerd, Khuzestan province, staged demonstrations to protest soaring prices and deepening poverty, calling on authorities to urgently address their mounting economic and legal challenges.
The protesters argued that a lack of financial resources or budget deficits does not justify delaying the implementation of laws or withholding their legal entitlements.
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Economic pressures on Iran have intensified as the war enters its seventh month, with inflation climbing to around 90 percent and the local currency continuing to weaken.
The Iranian rial has lost about 25 percent of its value against the US dollar over the past two months, driving up the cost of imported goods and eroding citizens' purchasing power.
On Saturday, the dollar was selling for around 2,688,000 rials, compared to 2,632,000 rials on Friday. According to AlanChand.com, the dollar reached approximately 2,695,000 rials.