There is something you don't know about Iran's currency situation Wait to hear this and connect the dots
https://x.com/Soureh_design2/status/2007175792569266554
There is something you don't know about Iran's currency situation
Wait to hear this and connect the dots
To circumvent banking sanctions
Iran uses informal financial networks known as "trustees" to export oil and goods. (I know, not a good idea)
These trustees that are mostly located in UAE and Hong Kong move currency on the black market. 
A couple of days ago some reports came out that these trustees withheld billions of dollars from Iran's oil revenues
Parliament members gave different numbers, from $6.7 billion to $117 billion.
Even some reports said the last couple of months some of these trustees gave the Iranian importers fake SWIFT codes which damaged their reputations. Especially livestock and poultry feed importers who faced serious problems. and put the country's food security at risk. Which is pivotal during a war.
Many experts believe this was the cause of the recent exchange rate skyrocketing.
Which was what protests were about when started! The currency fluctuation and devaluation.
So were it all coincidences? I mean just think about the timing..
A couple of days ago some reports came out that these trustees withheld billions of dollars from Iran's oil revenues
Parliament members gave different numbers, from $6.7 billion to $117 billion.
Even some reports said the last couple of months some of these trustees gave the Iranian importers fake SWIFT codes which damaged their reputations. Especially livestock and poultry feed importers who faced serious problems. and put the country's food security at risk. Which is pivotal during a war.
Many experts believe this was the cause of the recent exchange rate skyrocketing.
Which was what protests were about when started! The currency fluctuation and devaluation.
So were it all coincidences? I mean just think about the timing..
posted by Satish Sharma at
03:32
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