1 dollar = 4800 goozman

A8K

Ball Boy
Oct 22, 2016
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^ while entertaining these ppl sell their mother for dollar.. it's a survival game and only few last. No one addresses the issue in front of the camera.
 

Bache Tehroon

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Oct 16, 2002
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^^ Horrible, horrible lack of understanding among the masses. It's unreal how uneducated, uninformed and emotional the masses are. This is not an "Iranian" issue, but the lack of a free press and an endless supply of well-funded misinformation campaigns indeed are truly unique to Iran.

I feel sorry for Iran. It's really sad.
 
Jul 5, 2009
2,467
141
South Dakota
Completely damn idiotic to exchange those foreign currencies back to IRI-pesetas and it is even more idiotic to use their savings to exchange to the $US at the first place, a currency that not backed by the Federal Reserve here in the United States anymore (this applies even to Pounds sterling and Euro).
These damn poor bastards should absolutely and initially invest in buying gold, ask any Jew you know .... their respond will be; Never ever put your savings in $US, NEVER EVER!

Honestly, I dont understand at all why people have fallen into the hands of IRI currency agents? Whether you sell or you buy $$, you will help IRI-mullas Black-Market-foreign-currency. The fuckers earn multum on this arrearage.
This is naive to believe you can gamble with foreign currencies and come out unscathed or secure your future, damn idiotyczny ....... there's nothing else to say about it.

One of my hombres (his 'ma a Turkish-Armenian and his dad, an Austrian), the fucker is full of crap most of the time, but I've seen his collection of Gold Bars and Gold Coins, they all issued with certificates (he says he aint no rely on and is scared of safety deposit-boxes on banks or legal institutes, cause of running the risk of theft or confiscation. He simply maintain the precious on his own....... GOLD....
 
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siavash_8

Bench Warmer
Mar 26, 2006
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1,639
‏محسن رضایی : ریال ایران قوی ترین پول منطقه خواهد شد

وی در ادامه اسکناس هزار تومانی را لوله کرد و با آن دود حاصل از تریاک را به داخل کشید
 

A8K

Ball Boy
Oct 22, 2016
1,923
325
CTF passed first level (how's it different from FATF, have no clue) dollar sold as low as 11000 on the street in some cases but 12300 12500 is more like it (5k currency sold to travelers at 11800 plus applied taxes 13000 rough)

https://www.channelnewsasia.com/new...s-measures-against-funding-terrorism-10800510

imaGINE ppl buying it in the 17000 hoping to dump higher.. it may still come but personally I don't see it.
 
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A8K

Ball Boy
Oct 22, 2016
1,923
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به نقل از محافل دولتی آمریکا گفته می‌شود که واشینگتن در نظر دارد کشورهایی که خرید نفت از ایران را به‌طور چشمگیری کاهش داده‌اند، برای ادامه خرید نفت ایران مجازات نکند. خبرگزاری رویترز به نقل از یک کارشناس بازرگانی نفت در حوزه آسیا-اقیانوسیه می‌نویسد که دلیل دیگر کاهش قیمت نفت، گمانه‌زنی‌ها درباره آمادگی عربستان برای جبران کمبود نفت ایران در بازار است.
 

Natural

IPL Player
May 18, 2003
2,554
3
It will come much sooner than you think.
what is your view now in light of what is happening to SA's repuation around the world and pressure on trump admin. Nov 5th's oil sanctions on iran is only doable if SA increases its oil production to keep oil prices stable.
 

Bache Tehroon

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Oct 16, 2002
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what is your view now in light of what is happening to SA's repuation around the world and pressure on trump admin. Nov 5th's oil sanctions on iran is only doable if SA increases its oil production to keep oil prices stable.
Rial's value has nothing to do with Saudi Arabia. Rial is a worthless currency. It is being artificially kept alive via force while bleeding heavily (and exponentially more) at the other end. Its demise has little to do with external factors. Sure they contribute to the volatility, but it's a downward spiral regardless.
 

Natural

IPL Player
May 18, 2003
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Rial's value has nothing to do with Saudi Arabia. Rial is a worthless currency. It is being artificially kept alive via force while bleeding heavily (and exponentially more) at the other end. Its demise has little to do with external factors. Sure they contribute to the volatility, but it's a downward spiral regardless.
so you believe rial would be where it is today had the sanction not been put back in place back in May?
 

Bache Tehroon

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so you believe rial would be where it is today had the sanction not been put back in place back in May?
Absolutely. To claim otherwise would be comical. It's not even about "where it is today", but rather where "it should be". The sanction effect has been a big fat ZERO in everything other than investor sentiment (which is important, but it was already negative pre-sanctions).

The true effect of sanctions is yet to come. So far, Iran's trouble has only been getting access to its dollars. Soon there will be little to access.

There could be a deal with the US tonight and Iran's economical forecast would still be extremely bleak for at least the next 5 years (I personally believe it will be at least 2 decades, but I don't have evidence for what happens that far in the future)

I have done some napkin calculations and for Iran to keep inflation at bay and hold Rial a viable currency, 2 things are needed:
- $2 Trillion cash reserve (Dollars, not Rial or some other 3rd-world currency)
- Pure transparency and almost no corruption

Take your pick and decide which one will happen first!
 
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Bache Tehroon

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As expected, the CFT bill (FATF) has been denied by the glorious Guardian Council (Shoraye Negahban). Yet another nail in Rial's coffin.

Despite sanctions going into effect today, the US administration has injected yet another wave of uncertainty into Iran's situation by granting temporary immunity to 8 countries that import Iranian oil. This may sound like good news to the short-sighted, but it's actually terrible for Iran's economy as it will only prolong the devastating uncertainty and volatility.

It's not easy to find US dollars in Iran these days, but at 15000 Toman it's still a bargain.
 
Likes: Zob Ahan
As expected, the CFT bill (FATF) has been denied by the glorious Guardian Council (Shoraye Negahban). Yet another nail in Rial's coffin.

Despite sanctions going into effect today, the US administration has injected yet another wave of uncertainty into Iran's situation by granting temporary immunity to 8 countries that import Iranian oil. This may sound like good news to the short-sighted, but it's actually terrible for Iran's economy as it will only prolong the devastating uncertainty and volatility.

It's not easy to find US dollars in Iran these days, but at 15000 Toman it's still a bargain.
.
.

It's not that you can sell oil to those 8 countries and bring the $$$ back to Iran.

this is how it works, for example, they sell 1 Million barrel to India for let's say $40 Mil. India will deposit %55 of the amount into an account where Iran has no access to (yet) and then will sell Iran %45 commodities in Rupee.
 
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A8K

Ball Boy
Oct 22, 2016
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I think The Expediency Discernment Council of the System Persian: مجمع تشخیص مصلحت نظام‎ still can pass that bill. Also guardian council took beyond 20 days for their verdict.. IT could be a way to save face on this.


As expected, the CFT bill (FATF) has been denied by the glorious Guardian Council (Shoraye Negahban). Yet another nail in Rial's coffin.

Despite sanctions going into effect today, the US administration has injected yet another wave of uncertainty into Iran's situation by granting temporary immunity to 8 countries that import Iranian oil. This may sound like good news to the short-sighted, but it's actually terrible for Iran's economy as it will only prolong the devastating uncertainty and volatility.

It's not easy to find US dollars in Iran these days, but at 15000 Toman it's still a bargain.
 

Bache Tehroon

Moderator
Staff member
Oct 16, 2002
38,036
557
DarvAze DoolAb
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I think The Expediency Discernment Council of the System Persian: مجمع تشخیص مصلحت نظام‎ still can pass that bill. Also guardian council took beyond 20 days for their verdict.. IT could be a way to save face on this.
Doesn't matter. The market reacts to the capabilities of forces. The anti-FATF forces in Iran have shown to be capable enough. Investor sentiment goes even darker.

All these events have little to no meaningful immediate effect on Iran's economy. The real catastrophe is cooking underneath the ashes everyday investors turn away from Iran's market. Poverty is Iran's reality for a long time to come.
 
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