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How incompetence, sanctions jointly hit Iran’s economy

Facing stagflation, the Iranian authorities must shift course and de-politicize economic decisions such as foreign exchange policy and management of the country's money supply.

A man looks at exchange rates seen through the window of a currency exchange shop in Tehran's business district, Iran, January 17, 2016. REUTERS/Raheb Homavandi/TIMA ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY.  - GF20000097685
A man looks at exchange rates seen through the window of a currency exchange shop in Tehran's business district, Iran, Jan. 17, 2016. — REUTERS/Raheb Homavandi/TIMA

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