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Entries in Mostafa Izadi (1)

Sunday
Jun242012

The Latest from Iran (24 June): "We Can Destroy Anyone"

1515 GMT: Foreign Affairs (Syrian Front). Fars reports that State broadcaster IRIB will air an hour-long interview with Syrian President Assad on Thursday.

0945 GMT: Currency Watch. Why the nerves in the Iranian media over the economy (see 0750 GMT)? Here's one reason....

The Iranian Rial has fallen 5% this week, dropping to 19060:1 against the US dollar. That is its weakest level since the Central Bank and Government intervened this winter to halt a slide of almost 80%.

The official rate for the Rial is 12260:1 vs. the dollar.

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