Iran Lawmaker Warns of Inflation Surge if Rial Keeps Falling

A member of Iran's parliamentary economic committee warned Monday that the nation could see a fresh spike in inflation within the next 30 to 60 days, provided the rial continues to lose value against foreign currencies. The lawmaker attributed the risk to the government's "disastrous" handling of the economy.

The rial has been under persistent pressure amid international sanctions and domestic policy challenges, eroding household purchasing power. The warning underscores growing concern among policymakers that unchecked depreciation could reignite price pressures just as officials struggle to stabilize markets.

No specific monetary or fiscal responses were mentioned, but the parliamentarian's remarks reflect broader criticism of the administration's economic stewardship.