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Behind Tehran’s calm, Iran faces deepening economic collapse

by | Apr 29, 2026 | JPost | 0 comments

A woman walks past a billboard featuring an image of the late Supreme Leader of Iran, Ayatollah Ali Khamenei, on a building, amid a ceasefire between US and Iran, in Tehran, Iran, April 27, 2026 (photo credit: MAJID ASGARIPOUR/WANA (WEST ASIA NEWS AGENCY) VIA REUTERS)
While the streets are full of people, their pockets are empty. The Iranian rial has become a liability that citizens are desperate to offload.