ASSESSMENTS
Iran's Currency Crisis in Context
Oct 5, 2012 | 10:30 GMT
![Iran's Currency Crisis in Context](https://worldview.stratfor.com/sites/default/files/styles/2x1_full/public/main/images/153305421.jpg?itok=-Slw6L5Z)
Iranian riot police and protesters in Tehran on Oct. 3
-/AFP/GettyImages
Summary
The steep decline in the value of Iran's currency over the past week will test the ability of the Iranian government to halt the downward economic spiral and prevent a large outbreak of social unrest. In dealing with the situation, Tehran is largely dependent on the Islamic Revolutionary Guard Corps, an institution that is involved with the currency crisis at every level.
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