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Iran economy news

Read verified news on BetaVoices covering Iran economy, with reporting, context, and related developments.

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  1. IMF sees deep contraction as blockade bites IMF projects Iran’s economy will shrink 6.1% in 2026 as inflation soars and rial slides War damage, a near-shutdown of the Strait of Hormuz and tightening sanctions have cut Iran off from trade, pushing prices higher and the currency to about 1.32 million rials per U.S. dollar, according to IMF and analyst estimates Apr 24, 2026