Military strategist and economist said that the sharp increase in the dollar exchange rate in Iran is both the result of the pressure of war and America’s economic sanctions and also rooted in structural crises in the economy of the Islamic Republic. He added that central bank policies, including maintaining preferential and normalizing high inflation, have intensified distrust and inflationary expectations.

Nizami said that the wide gap between the exchange rates in the exchange market and the free market could lead to a renewed rise in prices and a fresh wave of inflation. According to him, the existing economic pressure has also limited the decision-making power of the Islamic Republic of Iran.