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Iran's Fixed, Flexible and Harmful Economy

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At www.worldpolicy.org

Iran's exchange rate policy has gone through several metamorphoses in advancing development policies as well as macroeconomic stabilization purposes such as fighting inflation. The current crises are the result of uncertainties created by sanctions and elimination of essential staples subsidies and tightening of sanctions, people are trying to cover themselves by hoarding and importing more at the current lower exchange rates.

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At www.worldpolicy.org


 

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