Iran

Our near-term outlook for the Iranian rial is neutral. The currency recovered from a short-term sell-off in September to trade at IRR10,631/US$ on October 9, and we foresee sideways... 2011-10-11

Our near-term outlook for the Iranian rial is bearish. Although the currency recovered from a major sell-off in June, we foresee a general depreciatory trend for the unit in the near... 2011-07-07

Our near-term outlook for the Iranian rial is bearish. The unit posted minor gains against the US dollar during Q410, but we foresee a general depreciatory trend for the unit in the... 2011-01-13

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... 2010-07-15

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... 2009-11-11

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