The National · 17 Aug 2026
Iranians in survival mode with economy in freefall and food prices soaring by up to 400 per cent
Nima, a cryptocurrency trader, thought he had figured out how to survive Iran’s unpredictable economy. His foreign currency income shielded him from the unstable rial and runaway inflation, allowing him to save and make the occasional impulse buy. But months of conflict with the US have taken their
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