Published by:
Allied Business Academies
Length: 13 pages
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https://casecent.re/p/152283
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Abstract
In this work the Iranian currency (Rial) and the exchange rate for one Dollar in terms of Rial from January 1962 through January 2011 has been studied. This exchange rate has been studied during three periods of time. The events of nearly the last 30 years are bringing the value of Iranian currency to a disastrous condition. Inflation in Iran and international sanctions are effective conditions that are influencing the exchange rate and as a result they are bringing Iranian currency to collapse. Regression analysis is performed to predict the exchange rate through year 2020. Several recommendations are made.
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Abstract
In this work the Iranian currency (Rial) and the exchange rate for one Dollar in terms of Rial from January 1962 through January 2011 has been studied. This exchange rate has been studied during three periods of time. The events of nearly the last 30 years are bringing the value of Iranian currency to a disastrous condition. Inflation in Iran and international sanctions are effective conditions that are influencing the exchange rate and as a result they are bringing Iranian currency to collapse. Regression analysis is performed to predict the exchange rate through year 2020. Several recommendations are made.