Day 23 - National Currency

On Day 23, we are going to discuss a very important aspect of Iran’s economy, the currency. The devaluation of the Iranian currency in the past decades has played a crucial role in the lives of ordinary Iranians. The plummeting of the value of Rial in the last couple of years is directly related to the foreign sanctions applied by the US Government. It has sharply decreased the quality of life of Iranians in the recent past and continues to do so today.

Reading - دو سیگنال متفاوت از بورس

An article by Donia-e Eqtesad about the stock exchange market and the problem it has faced recently. The article contains numerous useful words and expressions from the topic in question. The students will read passages and sentences from the article and translate them with the help of the instructor.

Listening - اقتصاد و بازار: واردات با ارز دولتی و فروش با ارز ۵۰ هزار تومانی

An interesting report by Iran International about stock exchange problems in Iran. 

Conversation topic - How does inflation affect ordinary Iranians?

At the end of the class, the students will discuss this important topic with their instructor in Persian. The conversation will be valuable not only because the students will use the vocabulary they learned at home and in the class, and internalize it, but also because it will give them an opportunity to learn about the life of ordinary citizens in Iran.

Vocabulary  

Persian

Transcription

English

بازار سهام

bāzār-sahām

stock market

نوسان

navasān 

fluctuation

خالص خرید

xāles-e xarid

net purchase

سرمایه‌گذاری

sarmāyegozāri 

investment

معامله

mo’āmele 

transaction

سهامدار

sahāmdār 

shareholder

رصد

rasad

 

صندوق توسعه ملی

sanduq-e touse’e-ye melli 

National Development Fund

تزریق 

tazriq 

injection

دادوستد

dādosetād 

business, trade

میزان

mizān 

rate, level

صعود

so’ud 

rise

نقدشوندگی

naqdšavandegi 

liquidity

فرآیند

farāyand 

process

دماسنج

damāsanj 

thermometer 

استنباط

estenbāt 

inference

حمایت

hemāyat 

support

افت

oft 

drop

متغیر

motaqayyer

variable