Iran’s parliament summoned Iranian President Mahmoud Ahmadinejad to challenge his performance in handling the recent currency crisis that saw the rial plunge 40 percent against the dollar, Agence France Presse reported.

Seventy-seven deputies in the 290-seat parliament signed a petition that requires the president to explain the “government’s procrastination in managing the forex market.”

The Iranian constitution indicates that a parliamentary petition with at least 74 signatories can legally mandate the president’s appearance. He now has one month to appear before the legislative body.

Iran’s economic woes come in the wake of increasingly severe sanctions imposed by the West on the country in response to its illicit nuclear weapons program.