Iranian Toman Continues to Fall Against US Dollar
Iranian Toman Continues to Fall Against US Dollar
2025-01-26
Shafaq News/ The Iranian toman fell again on Sunday, and the price of one US dollar in the Iranian market exceeded 84,000 tomans and reached 84,350 tomans.
The official rate used by the government this morning was recorded at 64,500 tomans, a 30% decrease from the value of the currency four months ago.
The devaluation of the Iranian toman comes at a time when inflation has reached more than 52% due to rising food and housing prices.
The Iranian currency is witnessing a continuous collapse, which is affecting the economy there in an unprecedented way, in light of a number of problems facing the government of the current Iranian President, Masoud Pezeshkian.
shafaq.com
