Dollar Price Today, Tuesday 21 Mehr: Dollar Falls Back to 250,000 Toman Channel

The dollar price today, Tuesday 21 Mehr 1405, has fallen to the 250,000 toman level. In this report, we analyze the latest price changes of various dollar rates in the free market and the Exchange Center.

According to the economic reporter of Ambassador Arjan; On the fourth day of the week, the foreign exchange market has taken on a declining face, so that a new wave of price correction will involve economic activists.

The field investigations of Ambassador Arjan's reporter on foreign exchange market transactions show that the price of the US dollar, with a significant drop of more than 10,000 tomans compared to the previous days, has retreated to the 250,000 tomans channel and is buying and selling at the rate of 259,000 tomans; Although the seller's side is more than the demand.

This powerful retreat also brought other key currencies with it; In the open market, the euro reached 291 thousand tomans, the British pound reached 343 thousand tomans, and the UAE dirham reached 70 thousand 900 tomans so that the supply pressure overcomes the demand.

Meanwhile, free market developments are not unrelated to monetary signals. Abdolnaser Hemmati, Governor General of the Central Bank, pointed to the effective interventions of the market maker and emphasized that the downward trend of the dollar rate will accelerate and continue with the Central Bank's numerous measures. He warned against media movements and fake news to stimulate inflationary expectations, and assured that with the intelligence of policymakers and people's support, these artificial shocks will not go anywhere.

On the other side of the market and in the official hall of Iran's currency and gold exchange center, the condition of the signs indicates slight fluctuations. In such a way that the buying rate of the US dollar remittance was recorded at 178 thousand 396 tomans and the selling rate was recorded at 180 thousand 16 tomans, which shows an increase compared to the previous day.

In contrast, the Euro experienced a quieter day at the exchange center; The buying rate of Euro remittance reached 199 thousand 42 tomans and its selling rate reached 200 thousand 850 tomans, which recorded a relative drop. Also, UAE dirham is traded in this center with a buying rate of 48 thousand 576 tomans and a selling rate of 49 thousand 17 tomans.

The gap between the free and official market rates and the central bank's efforts to maintain the downward trend of the dollar has become the main focus of analysts these days; A market that expects more stability and the future directions of the monetary policy maker.