Tikvah
Editors’ Pick

May 8, 2018

Iran’s Currency Crisis Is an Opportunity for the U.S.

An alliance between rich and poor could overthrow the regime.

Since the beginning of 2018, the Iranian rial has been in a state of near free-fall, prompting the government to ban nearly all currency exchanges, limiting the number of euros that can be acquired by those wishing to leave the country, and capping how many euros a citizen can possess at any given time. Saeed Ghasseminejad and Richard Goldberg argue that, whether or not President Trump decides to leave the 2015 nuclear deal, the U.S. should take advantage of the crisis by imposing sanctions on Iran’s central bank.

SaveGift