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Showing posts from October, 2023

What Will Happen To The Price Of The Dollar After The Liberalization Of Iran’s Currency?

The price of the dollar, which had returned to the channel of 48 thousand tomans on Saturday, entered the channel of 49 thousand tomans again on the second day of the week and went up to the second step of the aforementioned channel. The increase in the price of the dollar happened while the news of the release of blocked currencies and the exchange of prisoners between Iran and the United States is one of the hot topics in the market. Some political and economic activists believe that such events may affect the price of the dollar in the short term, and if this fluctuation is accompanied by the shifting of technical boundaries, it can change the arrangement of buying and selling. Traders believe that the range of 49,200 tomans is important for the price of the dollar. According to this group , if the dollar stabilizes above this range, it is likely to reach the half channel of 49 thousand tomans.

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