Is Iran’s Rial in Free Fall?

by Djavad Salehi-Isfahani The decision announced last Monday in Vienna to extend the talks aimed at a compressive agreement on Iran’s nuclear program for an additional seven months has resulted in Iran’s currency taking dive. In one week, the rial lost… Continue Reading  

Is Time on Iran’s Side?

by Djavad Salehi-Isfahani The latest round of talks between the P5+1 (the US, Russia, China, Britain, France, and Germany) and Iran in Kazakhstan concluded on Saturday without any tangible progress. While details of the reciprocal offers remain unclear, what we… Continue Reading  

Iran’s Economy Faces Grim 2013

By Kevan Harris via USIP What is the state of Iran’s economy in 2013 compared to a year ago?  Iran’s economy enters 2013 significantly worse than a year ago, particularly with higher inflation and unemployment than at the beginning of… Continue Reading  

Iran Shows Signs of Resilience Ahead of Potential Bilateral Talks

By Richard Javad Heydarian A key foreign policy consequence of President Barak Obama’s reelection is the growing possibility of face-to-face talks between the United States. and Iran. Both the US Secretary of State Hillary Clinton and Iran’s Foreign Minister Ali… Continue Reading  

Understanding the Rial’s Freefall

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