Iran

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... 2009-08-17

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... 2009-03-04

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... 2009-01-15

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... 2008-12-15

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$,... 2008-11-12

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

We continue to see accelerating inflation as the Iran's key macroeconomic challenge, after recent figures released by the Central Bank of Iran noted that consumer price inflation... 2008-06-09