Calm Returns to Tehran After Currency Crisis Unrest
Following a sharp currency collapse and unrest, order has been restored in Tehran, marking a return to calm in the Iranian capital, China Media Group reports.
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Following a sharp currency collapse and unrest, order has been restored in Tehran, marking a return to calm in the Iranian capital, China Media Group reports.
Stephen Innes of SPI Asset Management warns that the Fed’s continuous rate hikes could trigger a currency crisis, as the Japanese yen’s exchange rate drops sharply due to high-rate policies.