Albert Bagzian: With the Revival of the JCPOA, Dollar Will Be 15,000 Tomans

IranGate
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Albert Bagzian: With the Revival of the JCPOA, Dollar Will Be 15,000 Tomans

Albert Bagzian: With the revival of the JCPOA, the dollar will become 15,000 tomans.

An economic and banking analyst said the exchange rate will undoubtedly decrease after the implementation of the agreement, but the extent of this decrease depends on the will of the Central Bank. The notion that household dollars will lead to a decrease in the market exchange rate is mistaken. How much household dollars are there anyway? Those who speak of the dollar reaching 15,000 or 18,000 tomans after the revival of the JCPOA are referring to the short-term effects of the agreement, because after that, the price will increase again as those who benefit from the sanctions won’t allow the currency rate to drop so easily.

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