The Sudden dive of Iranian currency against US dollar late last monthhas raised questions whether sanctions are undermining the Iranian civil society or its government. Thomas Edbrink wrote today in the Washington Postthat the currency crash was a recent sign of the pressures by the sanctions.
Iranian Rial dropped by 15 percent for the first time in ten years against the US dollar on September 25, raising fears whether it would continue to lose its value. Importers have been faced with shortage of foreign currency and money changers in the capital refuse to do business, sources in Tehran said. A former Iranian source, who spoke on condition of anonymity for fear of retribution, said Iran’s central bank, which has the largest foreign exchange reserves, has trouble transferring dollars from abroad because of sanctions.
Thierry Coville argued in World Policy this week that the sanctions are undermining the country’s civil society as higher costs will spread to the rest of the economy while the government has sufficient petrodollar to survive.
“It is the Iranian worker or member of the educated middle-class which will suffer from a higher inflation rate, if the rial depreciationgoes on,” wro... >>>
|نسرین ستوده: زندانی روز||Dec 04|
|Saeed Malekpour: Prisoner of the day||Lawyer says death sentence suspended||Dec 03|
|Majid Tavakoli: Prisoner of the day||Iterview with mother||Dec 02|
|احسان نراقی: جامعه شناس و نویسنده ۱۳۰۵-۱۳۹۱||Dec 02|
|Nasrin Sotoudeh: Prisoner of the day||46 days on hunger strike||Dec 01|
|Nasrin Sotoudeh: Graffiti||In Barcelona||Nov 30|
|گوهر عشقی: مادر ستار بهشتی||Nov 30|
|Abdollah Momeni: Prisoner of the day||Activist denied leave and family visits for 1.5 years||Nov 30|
|محمد کلالی: یکی از حمله کنندگان به سفارت ایران در برلین||Nov 29|
|Habibollah Golparipour: Prisoner of the day||Kurdish Activist on Death Row||Nov 28|
Whats worseby Escape on Fri Oct 08, 2010 02:38 PM PDT
Sanctions hurting ordinary Iranians or IRANIAN BOMBS killing ordinary Iraqi's and Afghani's?