The Latest from Iran (2 September): Tehran Strikes A Defiant Pose
Sunday, September 2, 2012 at 14:53
Nikahang Kowsar's view of the isolation of Iran and the Supreme Leader after this week's Non-Aligned summit
See also Iran Snapshot: Head of State TV Admits Mis-Translation of Egyptian President's Speech on Syria
Iran Interview: Ali Larijani on the Nuclear Issue, Syria, and Detained Opposition Leader Mousavi
The Latest from Iran (1 September): After the Summit
1539 GMT: Currency Watch. With the currency market set to re-open after an extended holiday, the head of the Central Bank has dismissed speculation that the Iranian Rial --- now at 21930:1 vs. the US dollar --- will weaken on the open market to 30000:1.
Bahmani said instead that the Rial would reach 15000:1, its highest level since last summer.
1533 GMT: Finance Watch. Speaker of Parliament Ali Larijani has cancelled President Ahmadinejad's right to withdraw money from National Funds without legal directives.
Larijani's step comes amid complaints that Mahmoud Bahmani, the head of the Central Bank, has not delivered a report on government withdrawals of cash from financial institutions in July.