Abdolnasser Hemmati: The shock to the currency market came after the agency’s agreement.
Hemmati deciphers the agency’s downward shock on the dollar rate; with this condition, the price drop will continue.
Khabar Online: Abdolnasser Hemmati, the former head of the Central Bank, wrote in a note on social media that the agreement with the agency provided the necessary shock to the dollar price, but what facilitated the dollar’s price reduction was the Central Bank’s revision of some erroneous currency policies.
International agreements, along with revisions in some other currency policies, can create more stability in the currency market.
The dollar price doesn’t just go up during holidays and nights; it also goes down.