Chairman of the Founding Board of Money Changers: Expect the Dollar to Reach 40,000 Tomans

IranGate
1 Min Read
Chairman of the Founding Board of Money Changers: Expect the Dollar to Reach 40,000 Tomans

Chairman of the Founding Board of the Currency Exchange Association: Expect a 40,000 Toman Dollar

Simultaneously with the visit of Xi Jinping, the President of China, to Riyadh and the potential increase in Saudi Arabia’s oil sales to China, the dollar’s price reached the 37,000 Toman mark.

Continuing the upward trend of prices in the Tehran currency and gold market, the dollar’s price surpassed 36,800 Tomans on Saturday, December 10.

Ali Asghar Samiei, Chairman of the Founding Board of the Currency Exchange Association, stated that the dollar’s price has been artificially kept low. If prices were realistic, one could expect the dollar rate to reach 40,000 Tomans.

Share This Article
Every media institution, regardless of its origin or the doctrine it embraces, heralds the dawning of a new vista — a window that illuminates hidden recesses with the radiance of insight. It symbolizes the rich tapestry of perspectives that enable us to perceive and interpret our world. At the IranGate Analytical News Agency, our commitment is unwavering: to uphold the highest standards of journalistic integrity. We recognize and value the media literacy of our audience. We don't merely acknowledge it — we champion its growth, ensuring it thrives rather than diminishes. Our guiding principle resonates through every story we present: 'IranGate: Your Gateway to Enlightened Awareness.'