US Treasury Secretary Bessent on Iran:
"I believe that the regime leadership is now hiding the true value of the rial. I think it's through three million, and that's why they've stopped printing the price. I would predict that from March…
Assessment
Bessent's claim that Iran is hiding the rial's true value signals a severe currency crisis the regime does not want public. Stopping price publication suggests the rate has become politically explosive. His prediction for 2026-2027 hints at a prolonged economic squeeze. Watch for whether Iran's currency eventually collapses or the regime adjusts policy.