Topic

Currency crises

Episodes of rapid currency depreciation, and the inflation and capital flight that tend to accompany them.

Current clusters

invest1 publisher

Iran's rial loses 12% against the dollar in 27 days as Tehran narrows talks to Hormuz

Iran's rial fell past 2.5 million to the dollar on Tuesday, 27 days after a record 2.2 million, losing at least 12% of its dollar value. Each week the Hormuz talks stall now costs Tehran through its exchange rate and Washington through gasoline prices.

Publishers:fortune.com

Reality

Evidence55
Adoption: Insufficient
Hype gap+10
Incentives70
Confidence50

invest2 publishers

A dollar in Iran costs 570,000 rials or 2 million, and that 3.5x gap voids every rial price

The street rate has crossed 2 million rials to the dollar while an official tier still quotes 570,000. Any Iranian contract value now depends on which window the payer can reach.

Publishers:cryptobriefing.comen.sedaily.com

Reality

Evidence55
Adoption: Insufficient
Hype gap+30
Incentives30
Confidence58