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

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

Albert Bagzian says with the revival of the JCPOA, the dollar will become 15,000 tomans

An economic and banking issues 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 incorrect; after all, how much household dollar is there? Those who speak of a 15,000 or 18,000 toman dollar 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 will not allow the currency price to drop so easily.

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