Iran bans 1,300 imports as protesters, police clash over currency weakness


  • World
  • Monday, 25 Jun 2018

FILE PHOTO: A woman looks at exchange rates by the window of a currency exchange shop in Tehran's business district, Iran January 7, 2012. REUTERS/Raheb Homavandi

DUBAI (Reuters) - Iran is banning imports of over 1,300 products, preparing its economy to resist threatened U.S. sanctions, amid rare public protests against the plunge of its currency to record lows.

Police patrolled Tehran’s Grand Bazaar on Monday as security forces struggled to restore normality after clashes with protesters angered by the rial's collapse, which is disrupting business by driving up the cost of imports, witnesses said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

N.Ireland's Donaldson appears in court over rape, other sexual offence charges
Trump lawyer Todd Blanche draws judge's ire as historic trial gets underway
US Supreme Court weighs Idaho's strict abortion ban in medical emergencies
Italy fines Amazon over ‘recurring’ purchase option
Australian counter terrorism force arrests seven teenagers after Sydney bishop stabbing
Portugal celebrates democracy anniversary amid far-right surge
TikTok ban looms with Biden poised to start 270-day countdown
Ukrainian drones struck two Rosneft oil depots in attack, Kyiv source says
Computer-generated fake nudes discovered by victims on the Internet, Florida cops say
North Macedonia votes for president in test before parliamentary poll

Others Also Read