Member of the Parliament's Economic Commission: $130,000 can be expected in winter

  Said Farid Mousavi, a member of the Parliament's Economic Commission, told Sharq newspaper:

Using the debt market, restructuring existing debts and avoiding direct borrowing from the central bank are the three main steps to curb inflation and stabilize the rial.  Without these reforms, any currency or monetary policy will only be a temporary accommodation.

41.6% inflation can only be achieved if the government stops borrowing money and continues the contractionary monetary policy.

Otherwise, the inflation rate will probably be higher than this number.  The prediction of the dollar in the range of 130 thousand tomans is also based on the fact that with the continuation of high domestic inflation and low global inflation, the real rate of the dollar will grow.  If the government can rein in the budget deficit and manage the currency market with real resources, perhaps further jumps can be prevented, but without financial reforms, this price level is quite expected.