Esfandyar Batmanghelidj @yarbatman · 03 Sep 2026
Once again, Robin is looking at the wrong exchange rate. Since the blockade was reimposed, the USD exchange rate in the main FX market has risen from 1.48 million rials to 1.57 million. That is a 6% decline over the period, or around 3.5% in monthly depreciation. In the
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