Articles
Articles
Neutral, dated analysis and explainers across Iran’s markets.
EducationalCurrency
Turkey's High Interest Rate Didn't Save the Lira: What Does That Mean for Iranians?
Turkey's central bank has held its policy rate at 37 percent, yet the lira keeps hitting new lows. This lesson explains the mechanism behind Turkish inflation and monetary policy, and shows how that decline reaches Iranian property purchases, trade, and money transfers.
Sahmino editorialAug 17, 20267 min read
EducationalCurrency
Every Day in Baghdad, an Auction Is Held: How Its Dollars Reach Tehran's FX Market
Iraq's central bank sells dollars for dinars to licensed banks and exchange houses every business day. This lesson explains how that auction works, why its official rate differs from Baghdad's free-market rate, and how that gap reaches Tehran's currency market.
Sahmino editorialAug 15, 20267 min read
