Iran
Economy
The economic risks facing Iran are more threatening in the short to medium term than the political ones, and one very good reason for optimism over the long term is that Iran simply...
2010-07-15Economy
The Iranian rial has been weakening against the euro since March, holding a fairly tight trend channel. As long as the current bout of dollar weakness persists, we would expect the...
2009-11-11Economy
On the back of the current buoyancy in the global oil market, at least in relation to earlier this year, we have revised up our end-09 forecast for the Iranian rial. At the time of...
2009-08-17Economy
Our negative rial view is playing out with some erratic moves over the past few days: after closing at IRR9,675/US$ on March 3, the unit had dropped to IRR9,931/US$ at one point on...
2009-03-04Economy
Despite bouncing somewhat in December 2008, the Iranian rial has resumed its depreciatory trajectory in line with our bearish view and has once more fallen through the psychologically...
2009-01-15Economy
The Iranian rial has broken through trendline resistance and at the time of writing on December 15 was trading at IRR9,935/US$. In line with our expectations for further dollar weakness...
2008-12-15Economy
For the past four months, depreciation of the Iranian rial has followed a clear channel and we expect it to continue along this path. At the time of writing it was trading at IRR10,097/US$,...
2008-11-12Economy
In spite of recent volatility, we expect the Iranian Rial to continue to gradually depreciate against the dollar, as the government seeks to ensure non-oil exports remain competitive....
2008-06-25
