April 20, 2018 | Quoted by The Tower
Experts: With Weak Rial, Sanctions on Iran’s Central Bank Could Pressure Tehran to Reform
Re-imposing sanctions on the Central Bank of Iran, which were lifted as part of the 2015 nuclear deal, while the rial has recently lost nearly half of its value, could “inflict serious damage on Tehran’s economy,” two sanctions experts wrote Wednesday in The Hill.
Richard Goldberg and Saeed Ghasseminejad, respectively a senior advisor and research fellow at the Foundation for Defense of Democracies, wrote that the rial has fallen roughly 46% since President Donald Trump announced last October that he would no longer certify the nuclear deal.
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