Iran Transfers $10 Billion to Syria

[Surenas]

Times of London reported today that Iran has transferred $10 billion in financial aid to President Bashar al-Assad’s government in support of Assad's war against Syrian rebels.

Defectors from Assad’s regime have told the rebel Free Syrian Army that Iran has been paying the salaries of Syrian government troops for months, as well as providing weapons and logistical support, the Times reported.

Times, quoting a Western intelligence source, said spending billions of dollars on Syrian president has caused a rift at top of Iranian regime, specifically between the country’s supreme leader and IRGC’s Quds Force commander, Gen. Qassem Suleimani.

“Suleimani promised Khamenei that he would turn the situation in Syria around and has failed to deliver,” a Western defense source was quoted as telling the Times.

Uskowi on Iran -

Don't know if it's true, but if so, the Iranian regime should be ashamed. Ordinary Iranians could use this money much better. Especially if one consider the inflation Iran is facing now. The Rial also dropped enormous this week. Many Iranians are converting their savings into Dollars.

 

[BLACKEAGLE]

Don't know if it's true, but if so, the Iranian regime should be ashamed. Ordinary Iranians could use this money much better. Especially if one consider the inflation Iran is facing now. The Rial also dropped enormous this week. Many Iranians are converting their savings into Dollars.

Yes, they should be,

Iran currency crashes 9% to record low

Iran’s currency, the rial, plunged nine percent to a record low of 32,500 to the dollar in early trade on Monday, before real-time data given by some exchange websites were censored.

The freefall in the open market exacerbated a slide seen over this year that accelerated last month. Monday’s crash was unusually deep, even by that standard.

Since the end of last year, the rial has lost 75 percent of its value.

Iran is suffering heightened geopolitical tensions over its nuclear program and the effects of draconian Western sanctions which are hitting its economy.

Minutes after the dramatic plunge was posted, the exchange data on some websites such as Mazanex.com were censored.

The ISNA news agency, however, reported the 32,500 rate, and the Mehr news agency and the exchange tracking website Mesghal.com reported the rial trading at 32,300 to the dollar.

That was sharply lower than the close of trade on Sunday, when the rial exchanged at 29,600 to the dollar. At the end of last year, the rial fetched around 13,000 to the dollar.

The new rate was hammering Iranian companies.

“It’s a disaster,” a manager of a business in Iran's import sector told AFP on condition of anonymity. “A client lost one billion rials in one day” -- the equivalent of $30,000 at the latest rate.

The Fars news agency, in a report on Sunday, said money changers in Tehran were hoarding dollars. One exchanger bought $2,000 in greenbacks from one customer, but “did not sell any” when another customer tried to purchase some.

“We do not know what will happen in the coming days, we do not know what the government will do,” Fars quoted one money changer saying.

The official news agency IRNA quoted a spokesman for Iran’s money changers’ association, Nosrat Ezzati, as saying the latest rates for the rial “are artificial as no real exchange is happening in the market.”

But the rush out of the rial into more secure instruments could also be seen in Iran's property market. Demand there was high as investors sought to buy solid assets, but supply in prime urban centers was scarce.

“The property market is at a standstill. Very small properties get sold but not higher priced ones,” said a real estate agent in the prosperous northeast city of Mashhad who gave only his first name, Behrouz.

While Western sanctions curbing Iran’s ability to export oil or to make financial transaction abroad were certainly having an impact, blame for the situation was also being put on economic mismanagement.

A new “exchange center” the government set up last week that set a rate it hoped the rest of the market would follow had so far failed to stem the slide, some Iranian pundits said.

“This center has helped accelerate the soaring dollar rate,” one economy columnist, Hirad Hatami, told AFP.

But he stressed that “there is also the issue of speculation which currently stands at 2,000 to 3,000 rials -- this is a bubble which is rooted in the operation of the exchange center.”

Hatami said “we have to wait and give, say, a period of two weeks for the exchange center to keep operating” to see if it succeeds in influencing the market.

Iran currency crashes 9% to record low

 

[Banu Umayyah]

Where are Iranian members?
Most are inactive these couple of days.
are they protesting the banning of IranZamin or is just the Iranian carpet weaving day!

 

[BLACKEAGLE]

Spreading chaos and death in Levant region weren't enough, so Iran tried to play it's dirty game in Yemen,

Yemeni president warned that Iran will pay dearly if it doesn't quit destabilizing internal security in Yemen,

So, let them suffer the consequences of their own deeds.

 

[Surenas]

This thread isn't about Yemen nor about what the president of a insignificant country is telling. ^

 

[BLACKEAGLE]

This thread isn't about Yemen nor about what the president of a insignificant country is telling. ^

It's about Iran restless attempts to spread chaos in the region whether in Syria or any other countries. All I can say, it's good to see them paying, although, it's just the start.

 

[Surenas]

It's about Iran restless attempts to spread chaos in the region whether in Syria or any other countries. All I can say, it's good to see them paying, although, it's just the start.

It's funny how an Arab is talking about spreading chaos in the region. Ask any non-Arab in the world who's spreading chaos and terror in the Middle East for decades and the answer your hear is quite clear. You guys have ruined Afghanistan, Pakistan and sub-Saharan Africa, so you guys are the last persons who can accuse others of spreading chaos in the region. At least we didn't flew into the 9/11 towers.

 

[KRAIT]

This is called support even if it serves their national interest.Other nations shoud learn form Iran.

 

[Arabian Legend]

lol seems like Iran and the illegitimate regime of Syria are so desperate of losing battle after battle. Financial aid, weapons and logistical support but still getting kicked by the FSA on daily bases. Iran is on the edges economically and doesn't have the capability to keep in funding the butcher.

 

[Syrian Lion]

Why is this news?

since 2005 Iran and Syria have open free trade agreement

 

[Mosamania]

Spreading chaos and death in Levant region weren't enough, so Iran tried to play it's dirty game in Yemen,

Yemeni president warned that Iran will pay dearly if it doesn't quit destabilizing internal security in Yemen,

So, let them suffer the consequences of their own deeds.

2 Days ago the Saudi military attache building in Yemen was bombed but no one got hurt, Do you think this speech has something to do with that?

 

[BLACKEAGLE]

2 Days ago the Saudi military attache building in Yemen was bombed but no one got hurt, Do you think this speech has something to do with that?

It could be Qaeda, aforementioned Yemenis president's speech is 2 months old soon after Iranian conspiracy exposure.

 

[Malik Alashter]

If you believe every thing? then doubt your mind.

 

[BATMAN]

1200 PKK members released from prisons in Syria

Well this is pretty nasty act.

 

[Gold Eagle]

Well, This is our right; actually our duty to fight against terrorism.
We are not like USA which Removes a terror group form their blacklist.A group which is responsible for 17000 individuals lives.
Besides I'm sure that's a fake news...