Iranian publishing is facing a critical situation, with fewer people buying books and more and more bookshops closing down. The Ghanoon website reports that stores in the major city of Isfahan in particular “are facing a slow death.Most have already closed down for lack of cash and been replaced by other businesses.”
Tag: market
Overt and covert hands in Iran’s foreign currency market
There is no calm in sight for the Iranian currency market and Iranians do not expect anything else either.
Iran Central Bank says rial can be traded at market rates
Iran’s Central Bank, which had fixed the national currency at 12,260 to the dollar in a bid to stabilize it, said traders are once again allowed to buy and sell at market rates.
Parliament criticizes government action on currency market
Iran’s Parliament has announced its displeasure with the administration’s “unsatisfactory” explanations for recent fluctuations in the value of Iranian currency. Parliament said the government could have prevented the rial’s sudden fall through “timely interventions.”
Central Bank tries to control currency market
Iran’s Central Bank has announced that anyone in possession of foreign currency without a bank receipt will be put under arrest beginning Sunday January 15.
Women’s ever-dwindling share of the job market
Thousands of those employed by the government are now forced to work from home. Cut off from the office, many have lost much of their social life. Forced to stay at home round the clock for fear of being sacked, they have also found that the burden of domestic chores has increased.