World News@lemmy.worldEnglish · 11 days ago

Iran Had $379 Billion in Current-Account Surpluses. Much of It Never Reached the Domestic Economy

irannewswire.org

Iran Had $379 Billion in Current-Account Surpluses. Much of It Never Reached the Domestic Economy

irannewswire.org

morysal@lemmy.world to

World News@lemmy.worldEnglish · 11 days ago

Iran posted vast foreign-currency surpluses, yet capital flight, inflation and falling real incomes eroded household purchasing power.

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