17 Hrs
Source:
Lebanese Forces
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Iranian Parliament Warns of Imminent Inflation Rise
The member of the Iranian Parliament's Economic Committee, Hossein Samsami, anticipated a wave of even harsher inflation due to the exchange rate reaching 180,000 toman over the past two months. He hinted that this inflation could rise to levels as high as 205,000 toman, which would impact people's livelihoods and make inflation a constant feature of household expenses. He also pointed out that allowing direct negotiations between exporters and importers and leaving the margin unregulated deepens the inflation crisis and unleashes the informal market. These developments pose a potential catastrophe for Iran's economy in the near future.
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