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October 23, 2012 9:15 am

Bank of Israel Chief: Sanctions Won’t Collapse Iran Economy

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Stanley Fischer, Governor of the Central Bank of Israel. Photo: wiki commons.

JPost – Governor of the Bank of Israel Stanley Fischer on Monday expressed doubt that economic sanctions against Iran would lead to the collapse of its economy.

In an interview with CNBC, Fischer said that while the Iranian economy would “continue to go down,” the regime likely would “find a way to continue to keep economic life going.”

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