Yesterday the fell 4 to 8 percent to 35000 to 1. The exact amount is hard to tell because of the regime clampdown on currency stats and sellers.
Today the has fallen another two percent to 35800.
Upcoming threats to the Rial: It will be interesting to see how the rial responds as the newest sanctions come into effect on February 6th and later when and if Assad falls. Though it's now appears that may not happen until after Iran's presidential elections, it's always possible.
Currency earned by Iran in payment to some oiil sales allowed under sanctions would have to be banked in the countries that bought the oil until sanctions end, While banked Iranian earnings could not be sent back to Iran before sanctions end, the money could be used to buy humanitarian goods, such as food and medicine. Thus the benefit of the earned income would go to those foreign countries, not Iranian producers. The former should like that while the latter will have another reason to be ticked mullah and IRCG rulers of the mafia-like Islamic Republic.
IRAN HELPS CONSTRUCT SYRIAN PARAMILITARY FORCE
The highest percentage of atrocities tend to be committed by paramilitary forces. Copying those employed by the mullahs and IRCG to beat, shot and murder Iranians and trash their homes, mosques and funerals following the 2009 election, Assad is being aided by his fraternal twin from Iran, the "holy" Supreme Leader. Lebanonon's Hezbollah--used by Khamenei to crush his own people in 2009--is also doing the same for Assad and involved in the scheme.
IRI UNDERMINES ITS CREDIBILITY ONE AGAIN AND THEREBY PROVES 2009 ELECTION RIGGING
Credibility Problem Continues: Today a hard line IRI newspaper, Mashregh news, accused Israel and Massad of having assassinated JFK. Previously regime clerics accused Israel of having been behind the elementary school shooting in Connecticult. I can't figure out why people still don't believe the regime's "honest" claims that Khamenei did not rig the 2009 election and that foreigners were behind the protests. We all know Iranians have no reason to be discontented with this regime and the Holy One's rule, do we not?
Of course, the regime has an "easy" way to clear itself of those charges once and for all and to verify that the people still love it at the same time. I could hold truely free, open and unvetted election and even bring in neutral outside observers from the UN to verify the results. Or it could hold a referendum on the IRI itself. Don't hold your breathe.
More to come later in this roundup.