currency depreciation

A fistful of yen — a gain for tourists to Japan as shop prices fall
Business

A fistful of yen — a gain for tourists to Japan as shop prices fall

The cherry blossom season in March is always a popular time for tourists to visit Japan. This year, however, it…
How the rug got pulled out from under Iran’s traditional carpet weavers
Business

How the rug got pulled out from under Iran’s traditional carpet weavers

The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world…
Iran refuses to recognise national currency’s fall in free markets
Business

Iran refuses to recognise national currency’s fall in free markets

Iran’s national currency has dropped about 13% since early January this year, having steadily declined ever since the start of…
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