Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

With Persian new year around the corner, many Iranians struggle to finance the festivities

With Persian new year around the corner, many Iranians struggle to finance the festivities
Copyright  REUTERS/Morteza Nikoubazl
Copyright REUTERS/Morteza Nikoubazl
By Euronews
Published on Updated
Share this article Comments
Share this article Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

With Persian new year around the corner, many Iranians struggle to finance the festivities because of the reinstated US sanctions.

As Iran prepares to celebrate Nowruz, a holiday that marks the arrival of spring and Persian new year, families flock to the market to buy the necessary to host their loved ones.

But the reinstated US sanctions on Iran have left many Tehran residents scouring for enough money to finance the festivities.

Iran’s currency, the Rial, has plummeted sending prices upwards and forcing people to survive off their life savings.

Our correspondent, Javad Montazeri talked to some people in Tehran's north bazaar, Tajrish, about their economic hardships ahead of Nowruz.

Hear what they had to say in the player above.

Go to accessibility shortcuts
Share this article Comments

Read more

Iran sentences two French citizens to a combined 63 years in prison for spying

Iran may withdraw from nuclear treaty following reimposition of UN sanctions, lawmaker says

UN resolution to prevent 'snapback' sanctions on Iran over nuclear programme fails to pass