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October 10, 2012       Share:    

Source: http://www.reuters.com/article/2012/10/09/us-iran-economy-imf-idUSBRE8980GX20121009

IMF Forecasts for Iran Show Limited Sanction Impact

(Reuters) Projections from the International Monetary Fund suggest that although sanctions are damaging Iran, they are not likely to cause a collapse of its economy. However, much of the IMF analysis is based on statistics provided by the Iranian government, which private economists say may not be reliable, and most of the report was prepared before Iran's currency, the rial, plunged by about a third against the dollar in 10 days through October 2.

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