Iran · Story · Markets
Iran's currency market volatility
The US dollar price in Iran surged by 107% over the past year but recently dropped by 3,000 tomans due to Central Bank interventions.
No new coverage since 12 October 2026.
The story so far as of 12 October 2026
On 27 September, the price of the US dollar surged by 107% over the past year, reaching 234,000 Iranian rials, reflecting volatility in Iran's currency market. This increase posed challenges for importers and businesses reliant on foreign currency. On 12 October, the dollar's value fell by approximately 3,000 tomans to 262,000 tomans, following interventions by the Central Bank of Iran aimed at stabilizing the currency amid economic pressures.
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Coverage, day by day
- Markets
Dollar Drops 3,000 Tomans Amid Central Bank Moves
Impact Importers and businesses dealing in foreign currencies benefit from the reduced dollar rate, easing cost pressures.
Sources: Asriran.com ↗, Aftabnews ↗
- Markets
Dollar price surges 107% in one year
Impact Importers and businesses dealing in foreign currency face increased costs and financial instability due to the surging dollar price.
Sources: Tabnak ↗
Sources in this story
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