The Iranian Economy during the Second World War: The Devaluation Controversy

@article{Dadkhah2001TheIE,
  title={The Iranian Economy during the Second World War: The Devaluation Controversy},
  author={Kamran Dadkhah},
  journal={Middle Eastern Studies},
  year={2001},
  volume={37},
  pages={181 - 198}
}
  • K. Dadkhah
  • Published 1 April 2001
  • History
  • Middle Eastern Studies
A hotly debated controversy in Iranian history is the devaluation of the rial immediately after the occupation of Iran by the Allied forces. Dr Mosharraf Naficy, the finance minister who is associated with this devaluation, is criticized severely and even branded a traitor and foreign agent. He, on the other hand, has defended his decision with regard to the exchange rates and claimed that there was no devaluation. The Second World War as an episode in the modem history of Iran has received… 
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