Iran's Economy is Collapsing
The BBC reports that the rial traded today at 37,500 to the dollar, down from 32,000 only 48 hours ago. The Iranian currency has now lost 80% of its value against the dollar since 2010.
About the Author
David Frum
David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.
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