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News Link • Iran

Iran warns currency speculators as rial continues to fall

• Washington Post
Faced with a plummeting currency in the wake of toughened international sanctions, Iran is cracking down on black-market money changers and warning that major speculators could face execution.

The crackdown comes as Iranian authorities are struggling to stabilize the rial, which has nosedived amid announcements of new U.S. and European sanctions against Iran’s central bank and oil exports.


1 Comments in Response to

Comment by Temper Bay
Entered on:

Give the Devil his due: The Iranians DO know the best way to hang a man.

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