At the same time as economic pressures from the U.S. government on the Islamic Republic continue, Fatemeh Maqsoodi, a member of the Economic Commission of the parliament, said to the House of Nation (Majles) website on Thursday, 16 Mehr, that the main responsibility for instability in the foreign exchange market lies with the economic team of the government and the governor of the Central Bank, who—despite announcing inflation targets—have been unable to control inflation.

Pointing to a sharp rise in the dollar exchange rate, she criticized the Central Bank’s performance in controlling liquidity and managing inflation expectations, and warned that continuing this trend will shrink household tables and erode public trust in the economic decision-making system.

Maqsoodi said that the parliament will use its oversight tools if necessary, and suggested that the Central Bank submit a report to the parliament every three months on its actions to curb increases in the exchange rate, and that the governor of the Central Bank be held accountable if the targets are not met.