Retired employees in Iran protested in eight cities over poor living conditions, with heightened concerns regarding inflation and the approaching Iranian New Year. The dollar exchange rate reached 93,000 tomans, and gold coin prices exceeded 75.5 million tomans, fueling discontent.
On Monday, protests erupted across Iran involving retired employees of the Telecommunication Company. Demonstrations occurred in six cities, with additional gatherings by retirees from the Social Security Organization and other institutions in Kermanshah and Shushtar. These protests are driven by growing frustrations regarding deteriorating living conditions as the Iranian New Year, known as Nowruz, approaches.
The situation is exacerbated by escalating economic concerns, particularly surrounding the cost of living. As of Monday, the U.S. dollar’s exchange rate surged to approximately 93,000 tomans, while the price of a single gold coin rose above 75.5 million tomans. This alarming trend raises significant anxieties among retirees who are increasingly unable to meet their financial responsibilities and daily needs.
The recent protests reflect retirees’ mounting frustrations with their economic circumstances amid soaring inflation and currency devaluation. With the impending Nowruz celebrations, concerns over financial stability are intensified. Addressing these issues is crucial for maintaining social stability and ensuring the well-being of Iran’s elderly population.
Original Source: www.voanews.com
