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-Signs, Portents, and the Weather-
Iran on the verge of severe financial crisis: intelligence report
2012-09-09
Posted by:Water Modem

#7  tipper

yes, the 24k rial per dollar is the black market rate according to the article (the official rate is about 12k rial per dollar)

however, the article is just one source and one point in time
Posted by: lord garth   2012-09-09 19:58  

#6  the black market exchange rate is what counts but that's not available on the net
LG, this link has the "street price" which I assume is the blackmarket price.
Iran's currency falls to record low against dollar
Posted by: tipper   2012-09-09 11:02  

#5  agree with #3. what oil sanctions??? are we to believe that Iran cannot sell its oil - esp. if the price is discounted? I am highly skeptical.
Posted by: Raider   2012-09-09 10:09  

#4  no evidence of 'verge of crisis' on their stock exchange or the official exchange rate

of course the black market exchange rate is what counts but that's not available on the net
Posted by: lord garth   2012-09-09 09:29  

#3  Oil sanctions, what oil sanctions?
Iranian private sector exports first oil consignment despite sanctions
Posted by: tipper   2012-09-09 05:39  

#2  The report confuses things that the regime can print money for - government salaries, and things it can't - food imports.
Posted by: phil_b   2012-09-09 05:09  

#1  The Obama administration would like that because it would give the impression that his sanctions policy on Iran has been "successful" just prior to the election.

With that in mind, this report is probably fake.
Posted by: American Delight   2012-09-09 05:05  

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