US sanctions caused Iran’s currency devaluation – Report
August 17, 2019
7:26 am
The UN expert on human rights in Iran has said in a report that US sanctions reimposed on the country in 2018 have hit oil sales and caused the devaluation of its currency.
“The negative impact of the reimposition of economic sanctions” by Washington has been “felt strongly by ordinary Iranians,” Javaid Rehman said in his report to the General Assembly circulated Friday.
“The sanctions have hit oil sales, imposed wide-ranging restrictions on traders and businesses and triggered the devaluation of the Iranian currency,” he said.
“All these factors have contributed to raising the scale of austerity and pushing inflation …
