⚡️🇮🇷 — The open-market exchange rate of the US dollar in Tehran surged to 253,000 toman within 24 hours, marking an unmonitored devaluation spike. The Central Bank of Iran has issued no official explanation or stabilization strategy. Concurrently, US Treasury Secretary Scott Bessent commented on the rial three times over the past three days, explicitly projecting a target exchange rate of 300,000 toman per dollar under ongoing US economic measures. In a parallel market track, the CBI has been raising the official daily exchange rate by approximately 1,500 toman. Central bank officials claim the incremental adjustment accelerates export revenue repatriation and capital supply.

CBI leadership has not disclosed the execution timeline or the specific exchange-rate threshold required to activate its broader economic stabilization framework. — Farsna

➡️ In a direct municipal counter-measure to the macroeconomic shock, the Tehran Municipality announced the formal launch of the "Zero Inflation" price-stabilization initiative. The municipal spokesperson confirmed the first phase takes effect on September 29, freezing the prices of 12 essential consumer commodities for a fixed duration of six months across all municipal distribution centers.

The price-stabilized basket comprises rice, oil, frozen meat, soy, dates, sugar, pasta, red beans, pinto beans, split peas, chickpeas, and lentils, with subsequent phases expanding coverage to poultry, tomato paste, and cheese.

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