November, local newspaper Donya-e-Eqtesad reported Dec. 7, citing central bank figures. Its likely to reach 21.6 percent by the end of the Iranian calendar year on March 19, if the country doesnt experience any economic shock, Deputy Economy Minister Mohammad-Reza Farzin said on Dec. 20.
Date: Jan 12, 2012
Category: World
Source: Google
Iran Bazaar Sees Rush to Dump Rial as Sanctions Hurt
by the IMF. Inflation, which has averaged about 15 percent in the past decade, according to IMF data, may reach 21.6 percent by the end of the Iranian calendar year on March 19, if the country doesnt experience any economic shock, Deputy Economy Minister Mohammad-Reza Farzin said on Dec. 20.
Date: Jan 12, 2012
Source: Google
Ahmadinejad Woos Chavez-Led Allies as He Hunts Influence in U.S. Backyard
The International Monetary Fund estimated in September thatIrans economy would grow 3.4 percent in 2012 while DeputyEconomy Minister Mohammad-Reza Farzin last month said inflationmay hit 22 percent by the end of the current calendar year inMarch.
Date: Jan 08, 2012
Category: World
Source: Google
Iran Central Bank Moves to Rescue Rial as Allies Tighten Net
Irans inflation rate has surged as the government removed subsidies on staple goods. It may reach 22 percent by the end of the current calendar year in March, Deputy Economy Minister Mohammad-Reza Farzin said last month.