An economic expert analyzes the reasons for the fall of the Iranian riyal. Dr.
of economics and professor at the University of Tehran, Isaac Saeedian, believes that regional tensions are not the main factor in the collapse. He describes them as a catalyst to accelerate the fall process. The value of each country's national currency depends on several main determinants, namely: gross domestic product. Bank interest rate. Balance of exports and imports. The amount of liquidity in the whole country. Systematic risks.