Iran Rial currency CRASHING
More of our INTEL
Iran rial crashing: down 20% in past week,
Iran's central bank tries to prop up rial
with $200 million purchases w/US $.
Iran sets artificial exchange rate 50%
above real market value, Iranians have lost
50% of purchasing power.
Cost more and more rials to purchase US $.
And stand to lose much more.
Converting to other currency's is a
way to preserve purchasing power.
Many exchanges refuse to sell US $
for rials at false Gov. exchange rate.
Iran tries to stall market crash by
blocking texts with "dollar" in message.
Iran already running 20% rate of inflation
which greatly adds to currency crash risks.
Iran blocking texts suggest situation is much
worse than Iran regime admits.
Gerald
Former Stock Broker
series 3 & 7
Gerald floor of NYSE (center)
.UPDATE:
Chile Gov dumping Iranian rials, G source BSU's
Top hedge funds take positions against Rial, source BSU's
#Iran jamming Al Jazeera broadcasts: document dlvr.it/14X7dJ #ccureit Trying to block news abt Iranian currency crashing, G
Iran rial crashing: down 20% in past week,
Iran's central bank tries to prop up rial
with $200 million purchases w/US $.
Iran sets artificial exchange rate 50%
above real market value, Iranians have lost
50% of purchasing power.
And stand to lose much more.
Converting to other currency's is a
way to preserve purchasing power.
Many exchanges refuse to sell US $
for rials at false Gov. exchange rate.
Iran tries to stall market crash by
blocking texts with "dollar" in message.
Iran already running 20% rate of inflation
which greatly adds to currency crash risks.
Iran blocking texts suggest situation is much
worse than Iran regime admits.
Gerald
Former Stock Broker
series 3 & 7
Gerald floor of NYSE (center)
.UPDATE:
Chile Gov dumping Iranian rials, G source BSU's
Disclosure: We have no currency positions.
Top hedge funds take positions against Rial, source BSU's
.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home