Will the value of the Iranian Rial collapse?


Al-Monitor Pro Members


Dr. Bijan Khajehpour

Managing Partner, Eurasian Nexus Partners, Vienna, Austria


Feb. 25, 2024

Bottom Line:

Iran’s national currency has been under pressure due to a multi-tiered exchange rate system that has failed its objective of reducing inflationary pressures on the lower income classes. The continued devaluation of the Rial is not only undermining the purchasing power of the average family but also distorting business realities and opening up paths for rent-seeking and corrupt dealings. 

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