Economics

Risk Stalking Iran’s Sanction-Scarred Currency Is Off the Charts

Photographer: Ali Mohammadi/Bloomberg
Lock
This article is for subscribers only.

Iran’s currency is under more duress now than when a European and U.S. oil embargo was in place seven years ago.

Oxford Economics’ FX Risk Tool, a composite measure of vulnerability to a currency crisis, shows the rial as the most exposed in the Middle East and North Africa.