While Iran’s President Mahmoud Ahmadinejad and Israeli Prime Minister Benjamin Netanyahu traded verbal jabs at the United Nations General Assembly this week over the threat of Iran’s nuclear capability, one thing is for sure: international economic sanctions against Iran are having an impact.
The United States, European Union and the U.N. have imposed tough economic sanctions against Iran, blocking access to the international banking system and curbing sales of Iranian crude oil as a way to persuade Tehran to abandon its nuclear program.
As Ali Arouzi, NBC News Tehran Correspondent, reports today, the sanctions have had a real impact on Iranians as the value of their currency, the rial, continues to drop daily – affecting everything from basic food items to manufacturing.
Ali answered reader questions about the impact of the sanctions in Iran earlier today.
REPLAY the informative chat below.