Posted inIraq, Middle East

Iran isolation diverts bank reform track

Amid worsening stagflation, currency depreciation and the comprehensive US sanctions campaign moving in the past month from oil to other exports and assets controlled by Supreme Leader Ayatollah Ali Khamenei’s multibillion-dollar religious foundation, the Tehran stock market index recently reached a record 240,000 after initial public offerings by poultry and chemical companies. In dollar terms it still […]