The latest status of the currency market
Today, the price of the dollar, after several days of price increase, has moved out of the 40,000-toman channel and is now in a new channel. This unprecedented increase in the price of the dollar is considered a significant event in Iran’s economy.
The price of the dollar in the currency market today was 44,760 tomans, which is 6 steps away from the free market dollar. This could be a reason for the return of speculative profits to the market. The exchange rate of this dollar has not experienced a significant price change in the past few days.
It should be noted that the euro price, according to the announcement of the currency market system, is now 47,755 tomans.
The price of the dirham is currently announced as 13,900 tomans, which estimates the dollar-dirham price to be 51,000 tomans. Considering the dirham-dollar price, it can be said that the intrinsic value of the dollar is now one channel higher than the current channel.