Iranian rial
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Although described as an (interbank) "market rate", the value of the Iranian rial is tightly controlled by the central bank. The state ownership of oil export earnings and its large reserves, supervision of letters of credit, together with current - and capital outflow account - outflows allows management of demand. The central bank has allowed the rial to weaken in nominal terms (4.6% on average in 2009) in order to support the competitiveness of non-oil exports.
- See also: Wikipedia
- Related: Iranian rial banknotes, Iranian qiran, Iranian toman, Shetab Banking System, Economy of Iran, Iranian Oil Bourse
Iran Collection, a website about Persian banknotes... Iran Collection, a website about Persian banknotes and coins since Qajar era. irancollection.alborzi.com - Web |
Central Bank of Iran - Statistics Central Bank of Iran - Statistics www.cbi.ir/section/1372.aspx - Web |
Mesghal Mesghal www.mesghal.ir - Web |
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Iran's gold and currency markets Iran's gold and currency markets www.presstv.com/Program/225637.html - Web |
Gold market and currency exchange in Iran - Part I Gold market and currency exchange in Iran - Part I www.youtube.com/watch?v=6OJhhdIQN7c&feature=related - Web |
The Pyramidal Mirage - "Gold Quest" Scam in Iran The Pyramidal Mirage - "Gold Quest" Scam in Iran www.youtube.com/watch?v=nInPFJIbvq8 - Web |