Iranian Supreme Leader Ayatollah Ali Khamenei on Tuesday vowed that Iran would never cave to Western pressure, saying that it will act only in accordance with its own interests, AFP quoted his official website as saying on Wednesday.

The Islamic Republic, he told a military audience, "makes its decisions solely based on the interests of its people and the country, even if all of the world's powers get angry at its decisions."

It "does not accept the demands of any superpower," he added.

The Ayatollah also accused "Western and Zionist media" of fabricating reports on the biting effects of economic sanctions, hinting that the Iranian economy was not suffering.

"Drawing a black and dark picture of the country's situation is the known method of Western and Zionist media aimed at halting the Iranian nation's path," he said.

A week earlier, a group of Iranian legislators called on the Iranian central bank to intervene in the market for Iran's rial currency after its value plunged to an all-time low, falling 50 percent in the past year alone.\

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