VOL. XXXVI

NO. 38

21-JUNE-1993

Financial and Banking News

ECONOMIC PERSPECTIVES

Iranian Elections Send Signal To Rafsanjani On Economy

President Ali Akbar Hashemi Rafsanjani's reduced margin of victory in lastweek's Iranian elections is being interpreted as a protest against thecontinuing economic hardship which confronts nearly all Iranians and againstperceived corruption within the governing circles. President Rafsanjani'sclosest rival in the election, Mr. Ahmad Tavakoli, polled a surprising...