Mideast Iran Economy

Iranian banknotes and foreign coins are displayed by a vendor on a side walk of the Ferdowsi Street in Tehran, Iran, Wednesday, Jan. 23, 2013. Iran’s national currency lost nearly 40 percent of its value in 2012. Each U.S. dollar was traded at about 10,000 rials as recently as early 2011. Iranian authorities have accused the West of waging an “economic war.” The country is living under stepped up Western sanctions that also include banking restrictions that make it increasingly difficult for Iran’s Asian customers to pay for oil deliveries. (AP Photo/Vahid Salemi)

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