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Increase in Dollar and Other Currencies Prices at Iran's Exchange Center
Economy

Increase in Dollar and Other Currencies Prices at Iran's Exchange Center

منبع تصویر: hamshahrionline.ir

By Euronews Farsi Editorial 3 min Read time 34,478

On Wednesday, October 22, 1405, the price of the US dollar at Iran's exchange center reached 180,556 tomans and 9 rials. This figure, compared to the previous day's price of 180,016 tomans, indicates an increase of 540 tomans and 9 rials. This price increase marks a new development in the currency market and has raised concerns among traders and consumers.

Increase in Euro and Dirham Prices

The euro was also offered today at a selling price of 202,134 tomans. Compared to the previous day's price of 200,850 tomans, today's price reflects an increase of 1,284 tomans. This price increase for the euro will have economic and trade implications and may negatively impact import costs and foreign travel expenses.

The UAE dirham was traded at a price of 49,164 tomans and 6 rials. This is while the price of this currency yesterday was 49,017 tomans, thus the selling rate has increased by 147 tomans and 6 rials. These price increases could impact Iran's trade relations with neighboring countries, especially the United Arab Emirates.

Fluctuations in Ruble and Yuan

In the Russian ruble market, the selling price of this currency reached 2,152 tomans and 9 rials. The ruble was offered yesterday at a rate of 2,113 tomans and 9 rials, indicating an increase of 39 tomans. The increase in the ruble's price may affect trade with Russia and the costs of importing Russian goods.

The Chinese yuan was recorded today at a selling price of 26,976 tomans and 3 rials. Yesterday, the yuan was traded at 26,814 tomans and 7 rials, thus its selling rate has increased by 161 tomans and 6 rials. The fluctuations in the yuan's price could also impact Iran's trade relations with China, which is one of the country's largest economic partners.

According to today's rates from the exchange center, the selling price of the Indian rupee reached 1,900 tomans and 3 rials. Additionally, one hundred Japanese yen was offered at a rate of 114,010 tomans and 2 rials, and one thousand South Korean won was priced at 134,638 tomans and 7 rials. Due to the unavailability of yesterday's rates for these three currencies, it is not possible to accurately calculate their daily changes.

Considering the increase in the prices of the dollar, euro, dirham, ruble, and yuan in today's transactions, it seems that the currency market in Iran is experiencing new fluctuations that could have significant impacts on the country's economy and the daily lives of its people.

Source: hamshahrionline.ir