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FOR IMMEDIATE RELEASE
July 23, 2012
Phone: (212) 554-3296
UANI Launches Iran Currency Tracker
New York, NY - On Monday, United Against Nuclear Iran (UANI) announced the launch of its Iran Currency Tracker, to track and record the value of Iran's currency, the rial, and record the impact of international sanctions and UANI's initiatives on the rial.
UANI's Iran Currency Tracker outlines the effects that international sanctions and UANI's corporate campaigns and regulatory and legislative initiatives are having on the Iranian economy and, in particular, on the Iranian rial.
Said UANI CEO, Ambassador Mark D. Wallace:
Increasing economic isolation brought about by multinational sanctions and UANI initiativesis having a profound impact on the Iranian regime and its currency. In particular, UANI's effort to sever the regime from SWIFT, our general corporate campaigns, andnew U.S. and EU sanctions have led to a sharp decline in value of the rial.
The Iranian regime's irresponsible decisions and economic mismanagement have degraded Iran's economy and industrial capacity. The regime can survive without a nuclear weapon, but it cannot survive without an economy. Now is the time to impose the most robust sanctions in history on the regime, and force it to make that choice.
As Reuters reports, "The Iranian rial has lost nearly half its value in the last year. ... Though the official government exchange rate is 12,260 rials to the dollar, there is only a limited amount of these cheaper dollars available, and the unofficial market rate at which most Iranians can access dollars is closer to 19,000 rials."
Click here to view the Iran Currency Tracker.
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United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.
The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace.
United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.
The Objectives of United Against a Nuclear Iran
- Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad;
- Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world;
- Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran;
- Lay the groundwork for effective US policies in coordination with European and other allies;
- Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and;
- Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures.
UANI is led by an advisory board of outstanding national figures representing all sectors of our country. |
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