The coronavirus is spreading rapidly in various countries, and Iran has not been exempt from this rule, and so far eight official victims have been registered due to coronary artery disease. But Corona’s arrival in Iran has had a major impact on the country’s economy, which we will continue to examine.
Corona Effect on Iran Economy | Destroying Effect
Corona’s arrival in Iran initially paralyzed the country’s air agencies because they were unable to bring passengers from the countries carrying the virus to Iran, but that was not the end of the case, and Corona’s rapid release in various Iranian cities closed sports tournaments and canceled concerts and concerts. It became cinemas. Many schools and universities have been closed, and some cities are in quarantine.
The most significant impact of Corona’s entry into Iran was the closure of some neighboring countries to Iran, which strongly affected the Iranian economy. Currently, no ship wants to sail in Iranian ports and its oil exports have been disrupted.
This has led to a sharp rise in the value of the dollar and gold in the country’s free market, which has led to the rise of various items in Iran.
With the recent surge in Iran and the rise in the dollar, the profitability of many stock companies has been positively impacted, and the Tehran Stock Exchange is on track to set a new record.
Whatever the case, the inability of the Iranian authorities to manage the corona crisis has caused a major economic upheaval in Iran.