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Iran’s Currency Market Calms After War Shock; Dollar Returns to Pre-Conflict Levels

Dollar enters new channel; price growth continues

Following today's jump in the currency market, the dollar entered a new channel by breaking through previous highs, and Tether also fluctuated in an upward range.
Iran’s Currency Market Calms After War Shock; Dollar Returns to Pre-Conflict Levels

Dollar enters new channel; price growth continues

Following today's jump in the currency market, the dollar entered a new channel by breaking through previous highs, and Tether also fluctuated in an upward range.

According to the Shahr-e-Bourse, in the past 24 hours, Tether experienced limited fluctuations, moving between 123,890 Tomans and 125,700 Tomans , and at the time of writing this report, it is trading at 125,375 Tomans .

On the other hand, the dollar open market opened today with a difference of about 870 tomans higher than yesterday’s rates and at a range of 124,590 tomans . The dollar maintained its upward trend in the following trading, entered the 125,000 tomans channel , and ended the day at 125,730 tomans .

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