Iranian media reported on Sunday, January 25, that amid escalating chances of U.S. military action against the Islamic Republic, the Tehran Stock Exchange index plummeted by 106,000 points. This news comes as, despite internet outages and various government efforts to control the market, the dollar price surged again on Sunday afternoon, reaching 142,000 tomans. Reports from users, shared through sporadic internet connections on social media or via calls with Iranians abroad, indicate severe economic recession, rising food prices, and concerns over shortages of essential goods among the public.
Tehran Stock Exchange Drops 106,000 Points on the Brink of U.S. Military Action
Vahid Online Source
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On Sunday, January 25, coinciding with the increasing likelihood of U.S. military action against the Islamic Republic, the Tehran Stock Exchange faced a drop of 106,000 points. Meanwhile, the price of the dollar has risen to 142,000 tomans, heightening concerns about economic recession and shortages of essential goods among the public.
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