Tehran, Iran- Iranian markets witnessed a new surge in currency and gold prices, with the US dollar exceeding 121,900 tomans.
Meanwhile, the price of the “Emami” gold coin exceeded 129 million tomans,
continuing the wave of increases that has been hitting the markets for weeks.
According to reports from websites that track currency and gold prices,
price of the British pound exceeded 162,000 tomans.
Meanwhile, the price of the euro reached 141,900 tomans,
all of which recorded new record levels.
dollar ..Strong rising wave
These developments come amid a strong upward trend in the currency and gold markets.
Antiques and gold coins have recorded their highest prices in months.
This comes after the price of the “Emami” currency exceeded 126 million tomans
in market transactions during the past few days.
This was before the record
was broken again today.
This increase comes at a time when authorities are preparing to introduce
the third phase of gasoline prices at a price of five thousand tomans per liter.
This sparked widespread public anger.
Citizens believe that dividing gasoline prices into three tiers contradicts election promises.
President Masoud Pezeshkian is increasing economic pressure on citizens.
Continuation of economic policies
Amid runaway inflation and a soaring exchange rate in recent months,
concerns are growing about a further deterioration in the economic situation.
With the continued rise of the US dollar against the Toman,
This trend has intensified with the continuation of current economic policies
and the repercussions of international sanctions.
This is according to observers of Iranian economic affairs.
The volatility and upward movement in the markets is expected
to continue unless calming measures are taken.
Or urgent economic reforms, according to local experts.
