Expert Probes Impact of Sanctions on Iran’s Economy

EghtesadOnline: Besides the increase in money supply, monetary base and inflation, sanctions have played a key role in the volatility of foreign exchange rates in Iran’s economy, Hadi Haqshenas, an economic expert, said in a write-up for Persian daily Ta’adol. A translation of the text follows:

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Publish Date:15/December/2021 | 16:07

Expert Probes Impact of Sanctions on Iran’s Economy

EghtesadOnline: Besides the increase in money supply, monetary base and inflation, sanctions have played a key role in the volatility of foreign exchange rates in Iran’s economy, Hadi Haqshenas, an economic expert, said in a write-up for Persian daily Ta’adol. A translation of the text follows:

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Publish Date:14/December/2021 | 16:54

Gov’t to Allocate $3.4b to Offset Impact Of Non-Subsidized Forex on Food Import

EghtesadOnline: The government has allocated 1,000 trillion rials ($3.4b) to help compensate the elimination of subsidized foreign currency in the 2022-23 budget.

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Publish Date:13/December/2021 | 14:56

Viral Outbreak Impacts Trade With Neighbors

EghtesadOnline: Iran’s trade with neighboring countries has been affected by the recent coronavirus outbreak.

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Publish Date:07/March/2020 | 06:38

Expert Weighs Up Impact of New Tax Proposals on Domestic Markets

EghtesadOnline: Two pieces of news broke in the past couple of weeks concerning taxation.

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Publish Date:18/February/2020 | 24:51

Economist: Gas Price Hike Impact Not Inflationary

EghtesadOnline: Senior economic analyst Saeed Laylaz says there is no scientific evidence that the rise in gasoline prices would definitely have an inflationary impact .

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Publish Date:24/November/2019 | 11:21

Regulated Forex Market Unaffected by Fire

EghtesadOnline: Managing director of the company overseeing the regulated foreign exchange market said Friday’s fire will not have a major impact on the opening of the long-awaited currency market.

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Publish Date:23/September/2019 | 13:24

Insurers Anxious About Covid-19 Impact

EghtesadOnline: Most Iranian insurance companies are pessimistic about the industry's future under the influence of Covid-19.

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Publish Date:14/May/2020 | 17:57

COVID-19 to Adversely Impact 15 Percent of Iranian GDP

EghtesadOnline: Estimates show 15% of Iran’s economy will be affected by the coronavirus outbreak, says Economy Minister Farhad Dejpasand.

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Publish Date:11/April/2020 | 16:08

Impact of US Sanctions on Iran Steel, Iron Exports Limited

EghtesadOnline: Fresh US sanctions against Iranian steel exports are likely to have little impact because pricing remains attractive to Asian buyers, Iran-based sources told S&P Global Platts.

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Publish Date:18/January/2020 | 24:49

Impact of Forex Rate Volatility on Prices

EghtesadOnline: Over the past decade, goods and services in Iran suffered at least two bouts of price shocks following unprecedented volatility in the currency market due to foreign economic sanctions.

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Publish Date:12/October/2019 | 13:28

Iran: Forex Fluctuations Impact Domestic Travel Behavior

EghtesadOnline: A weak local currency has proved to be a boon to Iran’s inbound tourists while a nemesis to its outbound tourism industry, at least twice in the past decade.

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Publish Date:09/October/2019 | 11:14

Impact of Import Subsidy on H1 Food Price Fluctuations

EghtesadOnline: The average price growth of goods and services was around 10% during the first half of the current Iranian year (March 21-Sept. 22).

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Publish Date:06/October/2019 | 14:00

Impact of EU Exit From JCPOA Would Be Insignificant

EghtesadOnline: Europe's withdrawal from the 2015 nuclear deal would have no considerable impact on Iran, as its apparent adherence has not brought any economic relief to the country, a former diplomat said.

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Publish Date:30/September/2019 | 11:57