Good News from Hemmati for the Currency Market: Are Price Drops on the Way?

The free-market dollar price today fell by 3,000 tomans from the previous day to about 262,000 tomans, and at the same time the Central Bank governor announced that the downward trend in exchange rates will continue.

The price of the dollar in the open market today decreased by 3 thousand tomans compared to the previous day and reached about 262 thousand tomans, and at the same time the head of the central bank also announced: the downward trend of the exchange rate will continue.

According to Arjan's ambassador, Abdul Naser Hemmati, the head of the Central Bank, said: The growth trend of the dollar rate has decreased with the Central Bank's numerous measures and this downward trend will continue.

The dollar fell in the open market; The signal of the exchange of messages between Iran and America to the market

Hemti added: The enemy is trying to stop this process with media shock and fake news.

With the price of the dollar passing 235 thousand tomans at the beginning of October, US Treasury Secretary Scott Bessant tried to intensify the expectations in the currency market by publishing charts and conducting numerous interviews.

At the same time as Basant's statement, the price of the dollar increased in the open market and at one point entered the channel of 270 thousand tomans.

However, with the entry of the Central Bank into the market and the active implementation of the policy of intervention in the banknote market, the rising trend of the dollar price changed and its rate has now decreased by about 3 thousand tomans compared to the previous day to 262 thousand tomans.