Macro

Iranian Rial Collapse: Currency Crisis and Economic Impact - JFeed

Source: JFeed

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DW NOTE

The rial has lost 90% against the dollar since Washington withdrew from the JCPOA in 2018. Iran's central bank responds by printing more rials to cover budget deficits the oil embargo created. Predictable result: each round of monetary expansion validates the next wave of capital flight. The collapse isn't a crisis—it's the terminus of a policy that treated the printing press as a substitute for export revenue.

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The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

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Iranian Rial Collapse: Currency Crisis and Economic Impact - JFeed

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