Iran's Rial Is in a Death Spiral, Again |
| July 30, 2018 | July 2018 Bond Updates |
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Iran’s rial plunged from 98,000 IRR/USD on Saturday to 112,000 IRR/USD on Sunday in Tehran’s Grand Bazaar. That stunning 12.5% one-day plunge has pushed the rial into a classic death spiral. |
| View more at: https://www.forbes.com/sites/stevehanke/2018/07/29/irans-rial-is-in-a-death-spiral-again/ |
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