Retirees protested in six cities in Iran over poor living conditions, coinciding with rising costs as Nowruz approaches. Economic concerns heightened as the U.S. dollar surged to 93,000 tomans and gold coins surpassed 75.5 million tomans, exacerbating the plight of retirees.

Protests erupted in six cities across Iran on Monday, primarily involving retired employees of the Telecommunication Company. In addition, retirees from the Social Security Organization and other institutions convened in Kermanshah and Shushtar. These demonstrations reflect the growing unrest regarding financial conditions, particularly as the Iranian New Year (Nowruz) approaches, prompting concerns over the economy.

The escalating cost of living is a significant worry among retirees, as evidenced by the U.S. dollar exchange rate reaching approximately 93,000 tomans on Monday. Concurrently, the value of a single gold coin in Iran has surged, exceeding 75.5 million tomans. Such economic pressures exacerbate the difficulties faced by retirees, intensifying their calls for improved living conditions and financial support.

In summary, the protests by Iranian retirees highlight substantial concerns regarding worsening living conditions compounded by rising inflation. With the Iranian New Year imminent, these concerns are increasingly pressing, prompting collective action from retirees across various regions. The significant rise in currency exchange rates and gold prices further illustrates the precarious economic landscape affecting these individuals. Equipped with the knowledge of these developments, it is crucial to monitor the situation as it unfolds, considering the potential implications for social stability in Iran.

Original Source: www.voanews.com