Faster Parallel Market Depreciation In Iran In 2024
Country Risk / Iran / Thu 21 Mar, 2024
Key View
- The Iranian rial will depreciate more rapidly in 2024 compared to 2023 on the parallel market, influenced by heightened political risks from negative investor sentiment in Q1 2024 and uncertainties surrounding the upcoming US presidential election in November.
- Conversely, the Nima exchange rate's depreciation will ease relative to