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Currency Exchange Center

Understanding the Rial’s Freefall

Published October 4, 2012by Djavad Salehi-Isfahani 13 Comments

by Djavad Salehi-Isfahani The sharp drop in the value of the rial in the last two weeks has created much excitement in Iran and abroad, but mostly for the wrong reasons. In the parallel (or free) market for foreign currencies, the… Continue Reading  

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Analysis, Economy, Iran, Israel, Message, Sanctions, US Foreign Policy Ahmadinejad, asian crisis, Brookings, collapse, currency crisis, Currency Exchange Center, devaluation, Djavad Salehi Isfahani, foreign exchange, foreign reserves, free market, Iran central bank, Iran's economy collapsing, Iranian economy, nuclear weapon, parallel market, Rial, rial freefall, Virginia Tech

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