economic

Government Ends Subsidized Exchange Rate

| Iran Conflict

Iran's government eliminates the preferential exchange rate of 285,000 rials per dollar previously reserved for essential goods imports including oilseeds, livestock feed, and fertilizers. Importers must now purchase forex at the open-market rate, effectively tripling input costs for basic food production overnight.

Media

Iran's economy reels as the government eliminates subsidized exchange rates for essential goods imports
Iran's economy reels as the government eliminates subsidized exchange rates for essential goods imports — PBS NewsHour

Sources

  • T2 Al-Monitor Major middle_eastern
  • T1 IRNA Official middle_eastern
  • T3 Financial Tribune Institutional middle_eastern
View full Iran Conflict dashboard