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Entries in Ayatollah Hashemi Shahroudi (1)

Thursday
Aug252011

The Latest from Iran (25 August): Does Tehran Face an Oil Crisis?

2010 GMT: Currency Watch. The Iranian toman has now dropped on the free market to 1200 v. the US dollar, a significant gap from the Central Bank rate of 1068:1.

The toman is nearest the low point it reached last autumn, when Iranian authorities intervened with the release of US dollars from foreign reserves.

2000 GMT: Unity Watch. Ayatollah Mahdavi Kani, head of the Expediency Council and one of the driving forces for conservative/principlist unity, has said, "We accept no conditions of the [Islamic] Constancy Front", which has reportedly said it will not join talks if representatives of Speaker of Parliament Ali Larijani and Tehran Mayor Mohammad-Baqer Qalibaf are involved.

Meanwhile, it is reported that representatives of a leading MP, Rouhollah Hosseinian, did not attend the meeting of the 7+8 unity meeting.

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