The price of the dollar today, Sunday, October 25; Falling fluctuation of currency rates in the market

The price of the dollar in the open market today reached the channel of 264 thousand tomans, while the remittance rate of the dollar and euro in the exchange center has taken an upward trend.

According to the economic reporter of Ambassador Arjan; The currency market started the first working day of the week with the retreat of prices; A process that experts consider to be a direct result of the Central Bank's intervention and foreign currency injection in the market margin rate. In the meantime, the boards of the Iran Exchange Center showed a different picture and recorded a mild upward trend in the foreign exchange remittances sector.

Free currency trading started at the beginning of the week with the desire to reduce the price, and accordingly, the price of the US dollar returned to the channel of 264 thousand tomans. Along with the American bill, other highly traded currencies also experienced a relative decline; Euro reached 296 thousand tomans, UAE dirham traded at 72 thousand tomans, British pound stood at 352 thousand tomans and Turkish lira was priced at 5 thousand 300 tomans. The main root of this price control goes back to the Central Bank's decision from Wednesday, October 8; A policy that has prevented the formation of upward expectations and price jumps in the free market by starting the supply and sale of one billion dollars at the market margin rate through bank branches.

On the other hand, the board of the Iran Exchange Center displayed an image contrary to the direction of the free market, and the Havala Hall witnessed a mild increase in prices. In such a way that the purchase rate of the US dollar remittance increased by 539 tomans to 180 thousand 7 tomans and its selling rate increased by 543 tomans to 181 thousand 461 tomans.

In the consolidated currency forum, the euro remittance also registered a more tangible upward fluctuation; So that its purchase price increased by 2,564 tomans to 202,183 tomans and its selling price increased by 2,587 tomans to the level of 204,19 tomans.

Also, in the UAE dirham remittance transactions, the purchase rate increased by 146 tomans to 49 thousand 14 tomans and the selling rate increased by 148 tomans to 49 thousand 460 tomans compared to the previous working day.