Dollar and Currency Prices, Mehr 22, 1405: Dollar Up 3,000 Tomans

The dollar price rose by 3,000 tomans in today's trading and, after several days of decline, returned to the 26th corridor. Concern over a US attack before the congressional elections and the possibility of Israeli participation has brought traders back into the market.

The price of the dollar in today's transactions has increased by three thousand tomans compared to the previous day, until the moment of writing this report, it has reached the figure of 260 thousand tomans and has returned to the twenty-sixth corridor. The American banknote was closed at 257 thousand tomans in yesterday's trading, and today, in response to political news, it took an upward path.

Concerns about the possibility of the US attacking Iran before the congressional elections on November 12 are the most important factors that have affected the market today. The publication of news and speculations about the possibility of Israel joining the United States in this action increased the severity of concerns and caused traders to once again turn to buying currency. In such a situation, the demand for currency has increased as a safe haven against political risks.

It seems that political developments are still the most important variable affecting the exchange rate in the Iranian market, and the market is more sensitive to news and political signals than reacting to fundamental economic variables. This strong dependence has made it difficult to predict the future path of prices and caused the market to experience different fluctuations on different days.

In the market of other currencies, the euro did not benefit from this upward trend and reached the level of 292 thousand tomans with the growth of two thousand tomans. Economic analysts believe that if the political concerns continue and the congressional elections are approaching, there is a possibility of a further increase in the price of the dollar in the coming days.

However, market-making measures and currency supply by the central bank can reduce the intensity of this increase to some extent. According to experts, until a clear picture of the fate of political tensions is drawn, the currency market will remain within these limits with significant fluctuations, and any new news can change the course of prices in the short term.

The agreed dollar price reached half the channel of 180 thousand tomans

The price of the agreed dollar today, Wednesday, October 22, 1405, has risen to half the channel of 180 thousand tomans. Based on this, the agreed dollar price is 180 thousand 556 tomans on the selling side and 178 thousand 931 tomans on the buying side, with an increase of 540 tomans.