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Rial

Iran, Stable but Miserable

Steve H. Hanke | Posted 07.29.2014 | World
Steve H. Hanke

The Misery Index is the sum of the inflation, interest, and unemployment rates, minus the annual percentage change in per capita GDP. It provides a clear picture of the economic conditions facing Iranians.

Iran's Inflation Is Still a Big Problem

Steve H. Hanke | Posted 06.18.2013 | World
Steve H. Hanke

Those data that are reported tend to possess what I've described as an "Alice in Wonderland" quality. In light of this, it is fair to suggest that any official data on Iran's inflation be taken with a grain of salt. So, how can this problem be overcome?

Iran Protesters Clash With Police Over Currency Crisis

Reuters | Posted 12.04.2012 | World

By Marcus George and Yeganeh Torbati DUBAI, Oct 4 (Reuters) - Shops in Tehran's Grand Bazaar stayed shut and police patrolled the area...

Why Iran's Currency Dropped To Its Worst Low In Over Two Decades

Roshanak Taghavi | Posted 03.05.2012 | World
Roshanak Taghavi

Iran's currency, the rial, has plummeted to its lowest value against the dollar in more than two decades after President Obama signed legislation Saturday targeting Iran's Central Bank.