Iran’s Revolutionary Guards Call on Rouhani to Halt Rial’s Drop

Iran’s Revolutionary Guards, in unusually pointed language, called on President Hassan Rouhani to do more to prop up the rial after the currency fell to a historic low this week in anticipation of renewed U.S. sanctions.

“The unique and extensive backing you benefited from in past weeks shouldn’t preclude you from taking revolutionary actions to control prices and prevent the enormous increase in the price of foreign currency and gold,” Guard commander Mohammad Ali Jafari was quoted as saying in an open letter to Rouhani, published by the Tasnim news agency. “Decision-making in today’s difficult circumstances necessitates revolutionary determination and decisiveness in dealing with certain managers’ weaknesses.”