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Iran's economy contracts as sanctions bite

Fall in value of currency means many Iranians find it more expensive to buy basic items such as food and medicine.

Last Modified: 21 Jul 2013 12:06
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Iran's president-elect Hassan Rouhani says the country's economy has contracted for the first time since the 1980s.

The fall in value of its currency means many Iranians now find it more expensive to buy basic items such as food and medicine.

Al Jazeera's Soraya Lennie reports from Tehran.

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Source:
Al Jazeera
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