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Two stories raised the value of the Iranian Toman against the dollar and affected the price of gold


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An expert identifies three reasons for the insane rise of the dollar against the Iranian Toman
 

  

Baghdad - people  

In an interview with "The Independent" newspaper, the writer and economic analyst, Hamid Hosseini, pointed out the reasons for the rise in the price of the dollar and gold in Iran during the recent period, and the government was forced to dismiss the head of the Central Bank, and to appoint another person in his place in search of a way out of the crisis.  

  

  

Hosseini said, "This crisis has forced the government to back down on some domestic policies, and it will also force it to accept a return to negotiations in the hope of reaching an agreement."  

  

The writer also pointed to the role of the protests in the rise in the price of the dollar, and said that "during the period of demonstrations in the country, no less than 10 billion dollars left the country," adding: "unofficial sources confirm that this amount exceeds 30 billion dollars, not 10." billions of dollars, according to official sources.  

  

Hosseini also attributed one of the reasons for this rise to "the new sanctions imposed on Iran by European and Western countries due to the issue of the protests, as well as the Iranian role in the Russian-Ukrainian war."  

  

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The Iraqi dinar may also fall victim after the collapse of the toman and the lira in Syria, Turkey, Iran and Lebanon

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Baghdad - Iraq today:

Despite the stability of the Iraqi dinar in the official markets, the news reveals a violent decline of the Iraqi dinar against the dollar in the parallel markets.

According to the “Investing.com” financial platform, the Iraqi dinar is falling against the dollar, despite the fall of the US dollar index below the 102 levels, following the release of US inflation data and its significant slowdown.

The price of the dollar in Iraq against the local currency reached 1610 dinars per 100 US dollars, while it settled in the official market at 1450 dinars per 100 dollars. Thus, the dollar gap between the official and parallel rate has now returned to more than 11%.

The decline of the local currency in the parallel market led the Iraqis to rush towards gold as a safe haven to preserve the value of their money, and gold continues to rise inside Iraq, and its prices have risen 10% compared to the last quarter of last year, and an ounce of 21-carat gold, the most prevalent in Iraq, is 78,530 dinars.

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The dollar exceeds the barrier of 44 thousand tomans in the Tehran exchange markets
 

Baghdad - people  

On Saturday, the price of the US dollar crossed the threshold of 44,000 Iranian tomans, in the Tehran exchange markets.  

  

 

  

  

According to Iranian media, followed by "Nass", (January 21, 2023), the price of the US dollar on the Iranian Stock Exchange reached 44,550 tomans, while the euro amounted to 48,460 tomans.  

  

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The dollar goes far in front of the Toman and the Iranian press is on fire
 

Baghdad - people   

The crisis of the "missile rise" of the dollar's price against the Iranian toman dominated the coverage of Iranian newspapers issued today, after the dollar recorded the price of 45,100 Iranian toman on the black market.  

  

 

"Khorasan" newspaper (January 22, 2023) headlined the issue of hard currencies and wrote in its headline today, "The Missing in the Flaming Hard Currency Markets." The "Aftab Yazd" newspaper also asked: "Where is the missing link in managing the hard currency crisis?"  

  

As for the government-issued "Iran" newspaper, it claimed that everything that is happening in the hard currency markets is the result of the psychological war waged against Iran and wrote that what the unofficial hard currency markets are witnessing is the result of the state of turmoil and psychological warfare on the country.  

  

An Islamic republic health wrote that the shock hit the currency and gold market in Iran after reaching record numbers.  

  

On the other hand, in a related matter, the newspaper "Iqtisad Pouya" denounced the dire situation regarding the Internet and the extent of its negative impact on the lives of citizens.  

  

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'Roskar': the continuation of the dollar crisis and no solutions in the hands of the Iranian government
 

Baghdad - Nas  

The newspaper "Roskar" referred to the dollar crisis in Iran, and the measures taken by the government, and expected, based on the words of specialists in economic affairs, a continued decline in the value of the local currency against hard currencies, while the dollar was traded at 44 thousand and 100 tomans today.  

  

 

  

The newspaper criticized the statements of the concerned officials in the government, as they claim that the current prices in the free market are not true, and that they are a result of what some telegram channels publish about the pricing of hard currencies.  

  

In its report, which was followed by “NAS”, (January 24, 2023), the newspaper quoted the words of the economist, Mortada Afiqah, as saying: “The words of the Minister of Economy about some “telegram” channels standing behind raising prices in free markets is evidence of the government’s weakness, otherwise how can we understand The success of "telegram" channels is limited in raising the price of the dollar against a system with all its capabilities, and all these allegations are made by government officials and decision-makers.  

  

On another issue, the newspaper "Jewan", which is close to the Revolutionary Guards, implicitly confirmed that Iran has become isolated, and said that the regional countries and Turkey in the past few years have tried - and by increasing the pace of cooperation between them - to create an "economic crescent" to contain Iran, and suggested doing so. Developing and developing the "Makran" region and the port of Chabahar in the province of Sistan and Baluchestan to thwart these attempts.  

  

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"It will limit Washington's measures." An Iranian official calls for adopting the riyal and the dinar in dealings between Baghdad and Tehran

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2023-01-23 14:05
 

 

Shafaq News/ The head of the Iranian-Iraqi Joint Chamber of Commerce, Yahya Al-Ishaq, saw on Monday that if a banking agreement is concluded between Iran and Iraq for financial exchange using the riyal and the dinar instead of the dollar, the US banking procedures in Iraq will become ineffective.

 

Al-Ishaq explained, in a statement reported by the Iranian IRNA agency; America meets in various ways the countries that have problems with it, including the US currency, which Washington uses as a tool to create problems for countries. It has been using this tool against Iran for years and now it is using it against Iraq.

 

 

 

He stated that the United States uses various strategies to continue its hostility with Iran, stressing that the only solution to neutralize this strategy is to conclude an agreement between the Central Bank of Iran and its Iraqi counterpart to overcome this obstacle in the best way through the use of dinars instead of dollars, and we must reduce the cost of purchasing Iranian goods for competitors so that This country's market is not readily available to competitors.

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16 hours ago, yota691 said:

Yahya Al-Ishaq, saw on Monday that if a banking agreement is concluded between Iran and Iraq for financial exchange using the riyal and the dinar instead of the dollar, the US banking procedures in Iraq will become ineffective.

and then both countries will need to move to a managed float against a basket of currencies

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An Iranian newspaper reveals the repercussions of the dollar crisis in Iraq on Tehran's economy
 

Baghdad - people  

The Iranian newspaper "Asr Eqtisad" discussed the US moves and pressures exerted on Iraq to limit its relations with Tehran and reduce financial relations. And she wrote: "The American demands from Iraq are very clear, which is to stop financial relations with Iran, Syria and Lebanon."  

  

 

  

The newspaper added in today's issue (January 30, 2023), "This situation has caused double pressure on Iranian businessmen and the economy, because one of the dollar's entrances to Iran is closed, and Iran will certainly be the biggest loser in this issue."  

  

The newspaper stated that the economic relationship between Iran and Iraq has been accompanied by serious challenges in the past few months as a result of America's regional policies, and experts believe that it will not be long-term; Because the Iraqi government is the main victim and is negotiating with America in this regard, but in the end Iranian businessmen lose their market and are crushed under the political and economic wheels.  

  

In another economic matter, the newspaper "Iqtisad Pouya" (January 30, 2023) touched on the continuous turmoil in the hard currency markets and the unprecedented collapse in the value of the Iranian national currency and its significant decline against the dollar. Stressing that the current situation in Iran makes the economy almost stopped, and no one can work and invest in a large way.  

  

The newspaper quoted the words of former diplomat Fereydoon Majlissi, who warned of the current situation, and said that if UN sanctions are imposed on Iran again, we will witness a greater collapse, and the dollar will exceed the price of 50,000 Iranian tomans, and Iran will be similar to North Korea and Venezuela, and its economy will collapse.  

  

My council made it clear that Iran has less than two months to resolve its nuclear file crisis, after which its file will be transferred to the UN Security Council, which will afflict the Iranian economy more than it is now.  

  

Quote from "iranintl"  

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Experts: The Iranian Toman decreased by 40% within weeks
 

Baghdad - Nas  

Peyman Mawlawi, an economist, told Jahan Sanat newspaper that the stability of the dollar price these days at 45,000 tomans will be temporary, due to the measures taken by the Central Bank and its massive injection of foreign currency into the markets to limit the collapse of the toman.  

  

  

  

In an interview with Jahan Sanat newspaper, followed by Nass (February 6, 2023), the Iranian expert confirmed that the price of the dollar in Iran next Iranian year (March 21) will exceed 40 percent of its current price, given the actual inflation in Iran.    

  

Iran's "troubled" currency fell to a new record low against the US dollar, amid increasing exclusion of the country and potential European Union sanctions against the Iranian Revolutionary Guard, or some of its members.  

  

Relations between the European Union and Tehran have deteriorated in recent months as efforts to revive nuclear talks stalled. As Iran detained several European citizens, the EU became increasingly critical of the violent treatment of protesters and the use of executions.      

  

The European Union is discussing a fourth round of sanctions against Iran, and diplomatic sources said that members of the Revolutionary Guards will be added to the bloc's sanctions list next week. But some EU member states want to go further and designate the Guard as a whole as a terrorist organization.      

  

record losses  

  

According to foreign exchange website Bonbast.com, dollars were sold for as much as 447,000 rials on Iran's unofficial market on Saturday, compared to 430,500 the day before.      

  

The rial has lost 29% of its value since nationwide protests followed the death of Mahsa Amini, a 22-year-old Iranian Kurd, on September 16 at the hands of the police.      

  

The unrest has posed one of the biggest challenges to clerical rule in Iran since the 1979 Islamic Revolution.      

  

global consensus  

  

The economic website Echo Iran blamed the rial's continued decline on what appears to be a "global consensus" against Iran.      

  

"Increasing political pressures, such as placing the Revolutionary Guards on the list of terrorist organizations, and imposing restrictions on ships and oil tankers linked to Iran ... are factors indicating a global consensus against Iran (which may affect) the price of the dollar."      

  

On Wednesday, the European Parliament called on the European Union to list the Iranian Guard as a terrorist group, blaming the powerful force for suppressing protesters and supplying drones to Russia.      

  

The Panama Maritime Authority said this week that the Panamanian Ship Registry, the largest in the world, has pulled its flag from 136 vessels linked to Iran's state oil company in the past four years.      

  

On Saturday, Iranian Central Bank Governor Mohammad Reza Farzin blamed the rial's decline on "psychological operations" that Tehran says its enemies are organizing to destabilize the Islamic Republic.      

  

Quoted from "Investing"      

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The dollar is close to 46,000 tomans, and the Central Bank of Iran is warning

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2023-02-14 15:26
 

 

Shafaq News/ The price of the US dollar in the Iranian open market reached, on Tuesday, once again, 45,850 tomans, while the head of the Central Bank called this price the "fake numbers industry" and warned of the "pricing current".

According to the Iran International Network, foreign exchange rates in Iran, the exchange rate of the British pound, today, Tuesday, reached 55,685 tomans, and each euro recorded 49,230 tomans.

 

 

 

Unofficial website reports indicate that each gold coin is traded at 25,100,000 tomans. The coin of the old design type was sold for 23,700,000 tomans, and the price of each half coin was 14,450,000 tomans.

This comes two days after Mohammad Reza Farzin, head of the Central Bank of Iran in Ebrahim Raisi's government, spoke in a televised interview about the "pricing current" that makes numbers and tries to "create high prices."

He said, "Unfortunately, there is a pricing current that is trying to create high prices, and with these high prices, it causes losses to citizens."

Farzin also asked the citizens not to pay attention to the prices of this stream.

Mohammad Reza Farzin's request comes from the citizens, while the price of the US dollar in the Iranian market has a direct, traditional effect on the prices of all commodities, and thus on the table and the lives of citizens.

And the head of the Central Bank continued, "In order to clarify these changes in prices, I ask radio and television to go to the Sabze Meydan and Ferdowsi Square areas to inform people of the latest prices. They seek to make the currency more expensive through sham transactions, and when it was The global market is closed, on Sunday, they made sham transactions.

The head of the central bank in Ibrahim Raisi's government blamed the rise and fall in foreign exchange rates inside Iran and the devaluation of the country's national currency on the "pricing current", while many experts and economists believe that the causes of economic and monetary problems in Iran lie in the political approach of the Iranian regime.

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The Iranian Toman continues to collapse and is expected to drop to new record levels
 

  

Baghdad - people  

The Iranian currency continued its collapse against foreign currencies, as the price of the US dollar recorded, on Wednesday, 46,750 tomans, and the price of this foreign currency is likely to reach 50,000 tomans.  

 

  

  

According to a report by unofficial websites that record foreign exchange rates in Iran, the price of each US dollar amounted to 46,750 tomans at dawn on Wednesday.  

  

The price of the pound sterling was recorded at 56,200 tomans today, Wednesday, and each euro was traded at 49,560 tomans.  

  

Reports from the same sites indicate that each gold coin is traded at a price of 25,800,000 tomans.  

  

The gold coin, the old design, was sold for 24 million tomans, and the price of each half of the coin was 14,600,000 tomans.  

  

This comes a few days after the statement of the head of the Central Bank in Ibrahim Raisi's government, in a televised interview, about the existence of a "pricing current" that fabricates numbers and tries to "create high prices."  

  

Mohammad Reza Farzin, who is currently accompanying the president on his trip to China, also asked citizens not to "pay attention" to these prices.  

  

According to the "Tijarat News" report, the price of the dollar in the foreign exchange market reached 43,000 tomans on Tuesday, which is far from the free market price of the dollar. At the same time, the latest exchange rate, which was set under the supervision of the Central Bank, shows a figure below 44 thousand tomans, which is still far from the free market rate.  

  

According to the new order of the central bank, the dollar in the "Nima" system remained unchanged at 28,500 tomans.  

  

Morteza Afaqeh, an economist and faculty member at Shahid Chamran University in Ahwaz, told "Economy 24" magazine about the state of the currency market: "If the current conditions continue until the end of the year, it is also possible that the price of the dollar will reach 50,000 tomans."  

  

Some Iranian users on social media described the rise in the price of the dollar to 50,000 tomans as "cutting the spinal cord and completely paralyzing the country's national currency."  

  

Quoted from: Iranint  

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The Iranian toman is falling to record levels in the Sulaymaniyah market
 

Baghdad - Nas  

On Saturday, the exchange rates of the Iranian Toman against the US dollar fell to record levels in the markets of Sulaymaniyah Governorate.  

  

  

  

The exchange rate of the Toman decreased in the Sulaymaniyah markets, reaching 4,800,000 against every 100 dollars, according to the monitoring of specialists.  

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The Iranian toman is declining strongly and approaching the threshold of 5 million
 

Baghdad - Nas  

On Sunday, the Iranian toman recorded a strong decline, as it approached the threshold of five million.   

  

  

According to specialists, followed by "Nass" (February 19, 2023), the Iranian Toman recorded 4,900,000 in Sulaymaniyah transactions for every 100 dollars.  

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'A deficit of 500 thousand billion tomans'

The dollar crisis is exacerbating in Iran, and fingers point to a "government plan"

2023.02.20 - 12:58
The dollar crisis is exacerbating in Iran, and fingers point to a "government plan"
 

Baghdad - people  

The collapse of the Iranian currency against hard currencies continues in light of the authorities' inability to contain the escalating crisis, after the price of one dollar approached 50,000 Iranian tomans, in a precedent that is the first of its kind in the history of the Iranian economy.  

  

  

  

Jahan Sanat newspaper mentioned in a report affiliated with "Nass" (February 20, 2023) that some of the news circulating in the Iranian milieu are about the government deliberately raising dollar prices to pay for its budget shortfall. She wrote: "The terrible rise in dollar and gold prices confused all sectors in the markets," referring to the repercussions of the crisis of the collapse of the Iranian toman and the consequent decline in the purchasing power of citizens in Iran.  

  

Jihan Sanat quoted the words of the economic expert, Hossein Raghfar, who said, "The government raises the price of hard currencies in order to make it easier for it to provide salaries to employees and thus pay off its debts. The truth is that the cost of these measures by the government will be costly to Iranian society, and the most important question: Is the government thinking And who is responsible for the consequences of such decisions?”  

  

In turn, economic researcher Peyman Mawlawi told the newspaper: "There is a proposal that says that the government, in order to cover the shortfall in its budget, raises the price of hard currencies, but the government must realize that the budget shortfall, estimated at 500 thousand billion tomans, cannot be compensated by raising the price of hard currencies."  

  

The researcher explained: "Even if we very much accept that this policy will lead to addressing the budget deficit, it will result in the loss of citizens' confidence in the government."  

  

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Historic collapse.. The Iranian currency records 5 million per 100 dollars

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2023-02-22 12:28
 

 

 

Shafaq News/ Bonbast data revealed, on Wednesday, that the Iranian currency fell to a record level against the US dollar, recording 501,300 riyals.

 

 

 

The price of the US dollar in the Iranian free (black) market is witnessing a record high, with the continuation of unrest and the increasing isolation of the country amid Western criticism of the strict security measures taken by Iran and its relations with Russia.

The unrest poses one of the biggest challenges to the ruling regime in Iran since the 1979 Islamic Revolution.

 

The decline of the Iranian currency comes despite the recent steps taken by the regime, including the appointment of Muhammad Reza Farzin as the new governor of the Central Bank on December 30, 2022, after the value of the local currency reached its lowest level ever against the dollar, in the midst of mass protests and continuous Western sanctions.

After years of Western sanctions over Iran's nuclear program, the riyal was trading at 315,000 riyals to the dollar when anti-government protests erupted in mid-September.

The protests erupted with the death of a young Kurdish woman in the custody of the country's "morality police". The demonstrations escalated quickly and turned into calls for an end to more than 4 decades of mullahs' rule.

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The dollar breaks the barrier of 52 million tomans, and the gold coin is 30 million
 

Baghdad - Nas  

According to press reports, the Iranian government's attempts to control the price of the US dollar failed, as one dollar today exceeded 52 thousand tomans in the Tehran open market, while the price of the gold coin exceeded 30 million.  

  

 

  

The Gold and Jewelery Union announced the price of the "Imami coin" at 30,500,000 tomans.  

  

The government took measures such as establishing an "Iranian currency and gold exchange center", and stopped selling foreign currencies with national cards in exchange offices, but the US dollar exceeded, today, Thursday, 52 thousand tomans.  

  

A number of merchants gathered yesterday (Wednesday), during protests against poor living conditions, in the Grand Bazaar in Tehran, and chanted slogans in protest against the currency and gold crisis and the government's economic policies.  

  

These demonstrators chanted slogans such as: "The dollar has become 50,000 tomans, so when will you rise, citizen?" The newspaper "Jewan", which is affiliated with the Revolutionary Guards, wrote that some merchants opposed to the establishment of the currency and gold exchange center "encouraged shopkeepers to strike by creating a psychological and emotional atmosphere." ".  

  

On Tuesday, February 21, the gold and currency exchange center was opened with the aim of making the exchange rate more regulated, and according to this, buying and selling outside the exchange center or banks and official intermediaries is "not authorized", and is synonymous with "smuggling".  

  

Accordingly, and by order of the Central Bank, the sale of foreign currencies with the national card in exchange offices was stopped.  

  

And media inside Iran say that this project will be implemented on the basis of a model of 100% of the external supply of export currencies, according to which all foreign exchange resources from exports will be under the control of the Central Bank.  

  

With the implementation of this plan, large exporters, especially in the fields of petrochemicals, steel, copper and the like, are forced to display the currency that is obtained from exporting their products "only" in the exchange, currency and gold market.  

  

On Thursday, the economist, Hossein Raghfar, criticized the policy of Ibrahim Raisi's government and said, "According to the information that has been published about this new system, the basic assumption is that the exporting companies import the currency generated from their exports to the country into this system, in other words, the The export currency is under the control of the central bank, but the problem is that the exporters are not ready to import the export currency to get the equivalent of the riyal.  Source: "iranintl"

  

  

 

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The dollar is on fire against the Toman, continuing to record unprecedented prices
 

Baghdad - people   

The Iranian currency continues to collapse against hard currencies, setting a new record after the price of one US dollar, today, Saturday, crossed the barrier of 55,000 Iranian tomans on the black market, according to specialized websites and monitors.  

  

  

  

Yesterday, Friday, the exchange rate of the US dollar against the Iranian currency on the black market reached 54,000 Iranian tomans, according to the "Radio Farda" correspondent network.  

  

The exchange rate of the dollar against the Iranian riyal rose by about 23 percent in the past two weeks.    

  

Since the beginning of the year, the dollar has appreciated by 69 percent against the Iranian rial.    

  

quoting agencies  

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Iranian moves from various sides to remedy the repercussions of the insane rise in the price of the dollar
 

Baghdad - people  

Today, Saturday, the Iranian parliament held a closed session on the rise in currency prices, led by the dollar, which exceeded the barrier of 55,000 tomans.  

  

 

  

According to Nizamuddin Mousavi, a spokesman for the Parliament's Presidium, government officials described at this meeting the market price of the currency as unrealistic.  


Earlier, the Iranian Minister of Economy, Ehsan Khandozi, said: "Who is behind the scenes of the currency unrest, and soon the security, intelligence and judicial institutions will determine the fate of these people."  


Hossein Salami, Commander-in-Chief of the Iranian Revolutionary Guards, said today, Saturday, despite the significant increase in the price of the dollar: "We understand the economic problems and currency fluctuations, but the government and officials are trying to solve them, and the people should not give in to any problem."  


Meanwhile, the spokesperson for the Presidency of Parliament announced: "The deputies criticized in a closed session the lack of control by the Central Bank of the foreign exchange market and the lack of a single policy in the field of foreign exchange."  


In addition, Ali Asghar Bagherzadeh, Shahrud's representative in the Iranian parliament, said: "Mr. President! Your economic team is weak and has no plans. Take this matter seriously."  


According to the Statistical Center of Iran report, the point inflation rate in February was 53.4 percent, which shows an increase of 2.1 percentage points compared to the previous month.  

  

The Iranian currency continues to collapse, in an unprecedented way. During the hours of today, Saturday, the price of the dollar exceeded the barrier of 55,000 tomans, but it continued its progress, and its price has now exceeded more than 56,000 Iranian tomans, amid fears of a severe collapse in the Iranian economy.  

  

Source: iranintl translations  

  

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A new record drop for the Iranian Toman against the dollar
 

Baghdad - people   

Iran's toman fell to a record low against the US dollar on Saturday despite central bank measures aimed at curbing demand for foreign currency from depositors, concerned about inflation and the country's economic outlook.  

  

 

  

The foreign exchange website Bonbast.com said that the dollar was trading at 575,000 tomans in the unofficial free market against the dollar, compared to 540,000 on Friday. Bazaar360.com indicated that the toman traded at 575,000 against the dollar.  

  

With annual inflation running at more than 50 percent, Iranians are trying to protect the value of their savings by buying foreign currency or gold.  

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Al-Tuman records a new record low against the dollar in the markets of the Kurdistan region
  

Baghdad - people  

On Sunday, the Iranian Toman witnessed a new decline against the US dollar in the markets of the Kurdistan region.  

  

 

The price of 100 dollars reached 6,150,000 Iranian tomans, in a new record low for the toman in the markets of the Kurdistan region.  

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Iranian newspaper: The organization of the Iraqi dollar makes it difficult for Tehran to circumvent the sanctions
 

Baghdad - Nas  

The Iranian newspaper "Arman Melli" referred to the start of Iraq's compliance with the standards of the international remittance system "SWIFT" in order to access Iraq's dollar reserves in the United States, and its implications for the currency situation in Iran, and said that since Iraq took this step, it is the trading partner The second is for Iran. Circumventing the sanctions has become difficult and intractable for Tehran.  

  

  

  

On the other hand, press reports in Iran, followed by “Nass” (February 27, 2023), stated that after successive days of the rise in the price of the US dollar at the expense of the Iranian Toman, the Iranian authorities intervened by pumping millions of dollars into the market to stop the bleeding of the Iranian economy and the unprecedented collapse. in the Iranian currency.  

  

Observers and experts in the economy believe that the government's policies will not succeed in creating a state of stability in the currency market, and that the results of any action in this regard will be temporary.  

  

Many newspapers, such as "Arman Amroz", "Turk", and others, pointed to the negative repercussions of this economic chaos and the instability of the currency market. It was titled "The Dollar's War Against Citizens' Psychologies".  

  

The fundamentalist "Asr Iranian" newspaper stated that the dollar crisis is "playing with people's nerves," while "Siyast Rose," also fundamentalist, called on the government to intervene immediately in the crisis, writing: "Oh, President of the Republic, do something."  

  

For his part, the President of the Republic said, according to the newspaper "Arman Milli", that: "Iran is exposed to a hybrid war on various fronts, and the enemy is working to confuse public opinion, so after the failure of the protests project, it has now turned to currencies by creating unrest in them."  

  

In an interview with "Stareh Sobh" newspaper, the economist Albert Baghazyan talked about the negative repercussions of the collapse of the Iranian currency on the living life of Iranians, stressing that the roots of this problem in economic life these days are purely political and holding foreign policy mistakes responsible for what the country is going through.  

  

In the same context, the "Jewan" newspaper, which is close to the Revolutionary Guards, said, referring to the chaos in the hard currency market, that when we see that citizens buy dollars at any price to preserve their cash savings, this means that their trust in free markets is more than their trust in the government.  

  

The newspaper pointed out that the statements of officials and the procedures of all concerned ministries in this matter are completely unacceptable. If we accept that "enemies" or "ignorant friends" are responsible for the decline in the value of the Iranian currency, then the government is responsible for controlling the currency market.  

  

"iranintl"  

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The dollar exceeds 60,000 tomans, and the vice president shocked the Iranians with a statement

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2023-02-26 14:55
 

 

Shafaq News/ The price of the dollar exceeded 60,000 tomans today, Sunday, in continuation of the unprecedented decline in the Iranian local currency against international currencies. 

 

It is noteworthy that the price of the dollar has witnessed a continuous rise since mid-February, and during this short period, the price of the dollar increased by more than 30 percent compared to the Iranian toman.

 

 

According to a report by Iran International, the price of the dollar has jumped by 118 percent compared to the Iranian toman since the beginning of this solar year (starting on March 21). In other words, the value of the toman has decreased compared to hard currencies by about half.

 

Vice President: That's what we have

 

The big jump in dollar prices comes at a time when the government and the central bank failed to restore stability to the currency market, and the Iranian Parliament held a closed session, yesterday, Saturday, in the presence of the First Vice President, the Minister of Economy, and the President of the Central Bank, and the Speaker of Parliament, Muhammad Baqer Qalibaf, confirmed Without addressing the results of the closed session: “We have come to a good conclusion regarding the currency market.”

 

In contrast to these statements, the representative of Tabriz in the Iranian parliament, Ali Reza Beki, revealed in an interview with the media that in the parliament session, yesterday, Saturday, Mohammad Mokhber, the first deputy of Ibrahim Raisi, clearly declared to the deputies that "we have no better solution." to manage the currency market. "That's all we have," he added.

 

Becky described Mukhber's statements as "totally irresponsible," and said, "Our conclusion from the meeting with the government's economic team is that there is no plan to get out of the current situation."

 

It is noteworthy that Muhammad Mokhber was responsible for the executive headquarters of the Imam's order, then he assumed the position of first vice president and leader of the government's economic team.

 

Heavy criticism mounted from fundamentalists

 

With regard to the currency situation, the representative of the Iranian guide in "Kayhan" newspaper referred, in his latest article, to "unbridled and increasing inflation," warning that this trend threatens the "life and stability" of the Iranian people, but considered that the reason for this situation is a "calculated and prepared conspiracy by before the enemies.

 

Hossein Shariatmadari said he believes that "a handful of people, with the explicit and covert support of external enemies, have disrupted the currency system with various tricks, and have taken the management of the country's currency out of the hands of the competent managers in the government."

 

Shariati did not mention a person's name and did not provide evidence for his allegations, but he called on the security, intelligence and judicial services to ignore "unfounded considerations" and "determine the fate" of these people.

 

The statement of the representative of the guide in "Kayhan" newspaper comes by limiting the reason for the bad economic situation in Iran to the "disruption" of a few people in the foreign exchange market, while economic experts believe that the state of economic indicators is the result of much larger factors, including the type of government administration and the interaction of Every country with a global economy.

The representative of the guide in the "Kayhan" newspaper blamed what he called "external enemies" for this situation, while Abd Ali Rahimi Mozaffari, a member of the Parliament's Energy Committee, said in a closed session, yesterday, Saturday: "What the statistics show is that the country is not suffering From a currency problem in the current situation, the main problem is due to currency management."

 

He stated that "the situation of the foreign exchange market is like a patient whose condition is getting worse day by day, due to the intensity of anxiety," and declared that "the central bank announces that the management of the foreign exchange market is now out of its control."

 

Continuing the fundamentalists' criticism of the currency conditions in Iran in recent days, the director of Sirat News, a hard-line news site affiliated with the regime, warned in a video clip that "the train of Ibrahim Raisi's government is falling to the bottom of the valley" and asked his followers to fasten their seat belts.

 

In this video message, Ali Ghaffarian also said, commenting on the accelerating depreciation of the toman and other government decisions, that it is not clear what the government's plan is, "except that the country and the people are falling to the bottom of the valley."

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