How currency collapse compounds Iranian regime’s crisis of legitimacy
IRBIL, Iraqi Kurdistan: Iran’s currency has been hitting record lows against the US dollar, which observers say is a reflection of the regime’s increasing isolation on the international stage and the seriousness of the new EU sanctions against its paramilitary enforcer, the Islamic Revolutionary Guard Corps.
![Tehran’s growing international isolation has had grave consequences for the value of the Iranian rial. Analysts say that economic woes are inflaming anti-government protests across the country. (AFP)](https://www.arabnews.com/sites/default/files/2023/01/25/3646191-590975402.jpeg)