The dollar hit a record high and reached 61,300 tomans.
With the end of the official Nowruz holidays in Iran, the exchange rate in the Iranian free market increased and surpassed 61,000 tomans, setting a record.
In today’s morning transactions, the price of each US dollar reached 61,300 tomans, setting a new record.
Each euro was traded for over 66,000 tomans and each British pound for over 77,000 tomans today.
Banks and offices in Iran resumed work starting from yesterday, Monday, the 5th of Farvardin, but all exchange offices have not yet resumed their normal activities.
Part of this price increase is attributed to the rise in demand for foreign currency after the four-day Nowruz holiday.
In early February last year, the Central Bank of Iran increased the travel currency allocation from a maximum of 500 euros to 1,000 euros with the aim of reducing the currency fluctuations, but by the end of the year, this limit was reduced back to 500 euros.
Last solar year, due to various reasons such as tensions in the Middle East, attacks on oil tankers in the Red Sea, and concerns about the implications for Iran, the exchange rate in the Iranian free market witnessed a surge.