Sands are shifting

¬†On the day when US prepares to collapse the nuclear accord, Iran find itself very vulnerable. The economy is in shambles, inflation and unemployment running high….regular public protest breaking out against government and currency collapsing . The official exchange rate is 1Usd=42000 rial but there is a serious shortage of dollar in Iran so the black market rate ( below graph) is running almost 40 % higher than official rate Needless to say Iran needs this deal more than ever

 

Ritesh Jain