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Monday, July 30, 2018

In Iran, economic worries grow as new US sanctions loom


In Iran, economic worries grow as new US sanctions loom



Iran's currency has dropped to a record low ahead of the imposition of renewed American sanctions, with many fearing prolonged economic suffering or possible civil unrest.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf