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Iran Central Bank Moves to Avert Sliding Currency in the Face of Sanctions

  • 05.01.2012
  • By Glen Carey, Bloomberg
iran currency

Iran has moved to boost its sliding currency under the threat of new sanctions that could include an oil embargo. The U.K. has said that it will support the U.S. in an operation against the Iranian regime if it were to blockade the Strait of Hormuz.

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