Treasury Secretary Scott Bessent on Iran's currency after the maximum pressure campaign:
"It was at 600,000 to the dollar then. Now it's at 3 million. So they have 200% inflation, and the economy is so bad now that it's against the law to print the price." "I…
Assessment
Treasury Secretary Scott Bessent is claiming the maximum pressure campaign has severely weakened Iran's currency, citing a drop from 600,000 to 3 million rials per dollar and 200% inflation. The claim that printing prices is now illegal suggests the regime is struggling to control economic collapse. The key question is whether this pressure will force Iranian leadership to negotiate or simply deepen internal instability. Watch for any official Iranian response or new currency controls.