Iran to Issue Foreign Currency Debt Instruments

Reuters is reporting that Iran has allowed its banks to issue debt instruments in foreign currencies. While the report describes the move as a way of attracting foreign investment capital to make up for reduced oil revenue, it also portrays the Iranian central bank’s attitude as pretty nonchalant about the whole matter. The emerging consensus on Iran, Russia and Venezuela is that falling oil prices are going to limit their ability to realize their ambitious troublemaking agendas in their respective parts of the world. That’s very likely. And to the extent that Ahmadinejad and Chavez used their oil revenue to […]

Keep reading for free right now!

Enter your email to get instant access to the rest of this article, get five free articles every 30 days, and to receive our free email newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Become a member now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Weekly in-depth reports, including features on important countries and issues.
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.
  • Completely ad-free reading.

And all of this is available to you — right now for just $1 for the first 30 days.

More World Politics Review