🇺🇸🇮🇷 Treasury Secretary Bessent thinks Iran is hiding how far its currency has fallen.
“I think it’s through three million, and that’s why they’ve stopped printing the price.”
He also expects Iran’s economy to shrink by more than 25% in the year to March 2027, a worse hit than he says the Soviet Union took after it collapsed.
Whatever the real number is, the rial has had a brutal year.
Writer: Daniyal
t.co/6SuET9tY3l
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