Economy, Business And Markets

Business as Usual in Tehran’s Grand Bazaar

Business as Usual in Tehran’s Grand Bazaar Business as Usual in Tehran’s Grand Bazaar

Tehran’s Grand Bazaar showed signs of returning to normal on Tuesday. 
On the same day, Iran’s Judiciary Chief Ayatollah Sadeq Amoli Larijani denounced as “treason against the state and nation” the opportunistic move by some elements to agitate the market, saying severe punishment awaits those behind such disruption to the country’s economy.
The top judge acknowledged that the recent turbulence in the country’s gold, currency, automobile and housing markets is partly due to a surge in cash injection, but described the crisis as a psychological issue that is being engineered by enemies of Iran, Tasnim News Agency reported. 
His comments came the day after business owners shuttered their shops at Tehran’s Grand Bazaar to show their frustration with the deteriorating economic situation (fluctuating prices, rial’s depreciation and the recently released list of banned imports). Protestors marched through the bazaar’s corridors and then toward Baharestan Square near the Iranian Parliament. 


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