Dollar Price Today, Tuesday 21 Mehr 1405: Dollar Returns to 250,000-Toman Corridor on Downward Trend

Dollar prices fell by 2,000 tomans in today's trading, returning to the 250,000-toman corridor ceiling. Remarks by the Central Bank governor on a possible drop in exchange rates in the coming days, along with news about the continuation of negotiations, reduced demand.

The price of the dollar in today's transactions was accompanied by a decrease of two thousand tomans and returned to the ceiling of the twenty-fifth corridor; The statements of the Governor of the Central Bank about the reduction of the exchange rate in the coming days and the news about the continuation of the negotiations led to a decrease in demand.

According to Ambassador Arjan, the price of the dollar in today's transactions has decreased by two thousand tomans compared to the last trading figure of the previous day, until the moment of writing this report, it has reached the figure of 259 thousand tomans and has returned to the 25th corridor. The American banknote was closed at the level of 261 thousand tomans yesterday.

Yesterday's speech of the Governor of the Central Bank regarding the reduction of the exchange rate in the coming days has caused traders to hesitate to participate in the market. These statements, which are seen as a sign of the monetary policymaker's serious determination to control the market, have strengthened expectations of a decrease in the market.

Besides that, the news about the continuation of negotiations between Iran and the United States has also affected the market atmosphere and caused the purchase demand to decrease in the market. The combination of these two factors has increased the sales demand in the market and has led to a decrease in prices.

The price of euro decreased by 5 thousand tomans

On the other side of the market, the euro was traded at 290 thousand tomans with a decrease of five thousand tomans compared to the previous day, and started a downward path along with the dollar. Economic analysts believe that if the positive signals from the negotiations continue and the central bank continues to control the market, 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.