Dollar and Currency Prices on 20 Mehr 1405; Dollar Price Falls

Dollar prices fell in today's trading. Reduced market demand, relative political stability and Central Bank measures were the main factors behind the decline.

The price of the dollar in today's transactions is 262 thousand tomans, with a decrease of three thousand tomans compared to the previous day. The American banknote was closed at the level of 265 thousand tomans yesterday, and today, in a calmer atmosphere, it took a downward path.

The decrease in demand in the market is one of the main factors of this price reduction. With the relative stability in political developments and the reduction of cross-sectional concerns, traders have found less incentive to buy currency, and this has reduced the demand pressure.

Besides that, the actions of the central bank in currency supply and market management have also helped to control prices. The continuation of the supply of foreign currency by the central bank and market management by the market maker has reduced the intensity of inflammation and led to a decrease in prices. Meanwhile, Ismail Beqaei, the spokesman of the Ministry of Foreign Affairs, announced today that the exchange of messages between Iran and the United States through mediators is still ongoing.

On the other side of the market, the euro was traded at 295 thousand tomans, with a decrease of four thousand tomans compared to the previous day, and started a downward trend along with the dollar.

Economic analysts believe that if the relative political stability continues and the central bank's actions in currency supply continue, there is a possibility of further price reduction in the coming days. However, any change in the political climate can quickly change the course of the market.

The agreed dollar entered the channel of 179 thousand tomans

The price of the agreed dollar entered the channel of 179 thousand tomans today, Monday, October 20, 1405. Based on this, the price of the agreed dollar with a growth of 537 tomans has been announced today at 179 thousand 478 tomans on the selling side and 177 thousand 863 tomans on the buying side.