Bennie Kincaid 
The trading price of Iran’s currency has taken a fall against the US dollar in the recent trading session. It was the unofficial market where the trading price of the Iranian rial recorded a major plummet.
The data shows that the trading price of the rial has plummeted to a new low against the trading price of the dollar.
Iran’s Isolation Keeps Rising
The reason why the Iranian rial is experiencing a constant demise against the dollar is because of the isolation that is in place for the country.
Iran is currently in a state of isolation when it comes to political diplomacy and relationships with other countries.
The current situation in Iran is where alarming and according to the government of Iran, international involvement is the cause behind the country’s internal crisis.
Reasons behind the Isolation
The most alarming situation for Iran is that the isolation it is facing is not because of a single reason. Multiple reasons have resulted in the country facing international isolation.
Nuclear Programme Dispute
The oldest reason behind the country’s isolation is the nuclear program. The dispute has been going on for a very long time.
It was back in 2015 when the former President of the United States, Barack Obama, raised security concerns on an international level.
The matter was taken to the United Nations where Iran was ordered to drop their entire nuclear program as soon as possible.
It was demanded by the United States and its allies from Iran to proceed with the advice right away or there would be strict consequences.
As history goes, Iran did not agree to the decision made by the United Nations and the United States, and it ended up facing sanctions.
Since then, the country has faced several sanctions, badly impacting the imports and exports of the country. It has been almost cut off from entire Europe and other regions that are with the United States in the particular decision.
Human Rights Violations
This is another major problem for Iran which started to gain heat in the year 2022.
The protests were triggered in Iran after the death of Amini who was taken into custody by the Iranian police.
It was reported that Amini was violating the local sharia laws and was taken to the police station where she had a heart attack.
Amini was hospitalized for three days while she was suffering from a coma and then ended up losing her life.
The incident resulted in huge protests on a local scale against the human rights violations that the Iranian authorities had committed.
The clerics from the Sunni-populated areas supported the protests and this is where most of the crowds were seen emerging.
As the local law enforcement authorities tried handling the situation, it resulted in casualties of protestors, turning them into riots. Since then, the situation has been worse in Iran while the rulers are trying to bring it under control.
Performance of the Iranian Rial in the Market
The unofficial market data has shown that the trading price of the dollar has surged to a new level against the Iranian rial.
According to the market data, the trading price of the rial has plummeted to 601,500 rivals against the dollar. Just a day earlier, the trading price of the Iranian rial was trading at a low of 575,000.
On Friday, the trading price of the Iranian rial against the dollar was even lower. The Iranian rial was trading at a low of 540,000 against the dollar on Friday.
Iran Blames International Involvement
While Iran is trying to deal with the situation internally, it is putting the blame on international involvement.
According to them, the west is involved in all of this because it wants to destabilize the economic and political conditions in the country. As a result, it is the Iranian currency that is suffering the most.
