Wednesday, October 17, 2012

The New York Times: Iran’s Supply of Currency May Be at Risk in Sanctions O…

The New York Times:
Iran's Supply of Currency May Be at Risk in Sanctions

October 16, 2012
By RICK GLADSTONE

Western economic sanctions imposed on Iran over its disputed nuclear program have severely depressed the value of its national currency, the rial, causing higher inflation and forcing Iranians to carry ever-fatter wads of bank notes to buy everyday items. But the sanctions have also presented a new complication to Iran's banking authorities: they may not be able to print enough money.

Read more: http://www.post-gazette.com/stories/news/world/irans-supply-of-currency-may-be-at-risk-in-sanctions-657791/#ixzz29ZM8OD6Z


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