Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The dollar crisis is exacerbating in Iran, and fingers point to a "government plan"

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280438
    Join date : 2012-12-21
    • Post n°1

    The dollar crisis is exacerbating in Iran, and fingers point to a "government plan" Empty The dollar crisis is exacerbating in Iran, and fingers point to a "government plan"

    Post by Rocky Mon 20 Feb 2023, 5:30 am

    [size=30]The dollar crisis is exacerbating in Iran, and fingers point to a "government plan"
    [ltr]2023.02.20 - 12:58[/ltr]
    [/size]
    [You must be registered and logged in to see this image.]
      
    Baghdad - people  
    The collapse of the Iranian currency against hard currencies continues in light of the authorities' inability to contain the escalating crisis, after the price of one dollar approached 50,000 Iranian tomans, in a precedent that is the first of its kind in the history of the Iranian economy.  
      
    [You must be registered and logged in to see this link.]  
      
      
    Jahan Sanat newspaper mentioned in a report affiliated with "Nass" (February 20, 2023) that some of the news circulating in the Iranian milieu are about the government deliberately raising dollar prices to pay for its budget shortfall. She wrote: "The terrible rise in dollar and gold prices confused all sectors in the markets," referring to the repercussions of the crisis of the collapse of the Iranian toman and the consequent decline in the purchasing power of citizens in Iran.  
      
    Jihan Sanat quoted the words of the economic expert, Hossein Raghfar, who said, "The government raises the price of hard currencies in order to make it easier for it to provide salaries to employees and thus pay off its debts. The truth is that the cost of these measures by the government will be costly to Iranian society, and the most important question: Is the government thinking And who is responsible for the consequences of such decisions?”  
      
    In turn, economic researcher Peyman Mawlawi told the newspaper: "There is a proposal that says that the government, in order to cover the shortfall in its budget, raises the price of hard currencies, but the government must realize that the budget shortfall, estimated at 500 thousand billion tomans, cannot be compensated by raising the price of hard currencies."  
      
    The researcher explained: "Even if we very much accept that this policy will lead to addressing the budget deficit, it will result in the loss of citizens' confidence in the government."  
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Thu 07 Nov 2024, 7:31 pm