The dollar is approaching 200,000 tomans after Trump’s decision.
The dollar is approaching 200,000 tomans after Trump’s decision.
2026-05-04
Shafaq News – Tehran
The price of the US dollar in the Iranian free market approached the 200,000 toman mark on Monday, in one of the sharpest waves of decline for the Iranian currency, amid growing concern over escalating tensions in the Strait of Hormuz after US President Donald Trump announced a new move regarding ships stranded there.
Data from exchange rate monitoring platforms showed that the dollar’s selling price reached about 190,900 tomans, with a clear upward trend, which reinforced traders’ expectations that it could reach the 200,000 toman level if political and security pressures continue.
This increase coincides with Trump’s announcement that the United States will begin, on Monday morning, assisting ships stranded in the Strait of Hormuz and guiding them out of the waterway.
Trump dubbed the operation “Project Freedom,” warning that any interference or obstruction would be met with force, while the US Central Command confirmed its participation in the efforts.
In response, Iran warned US forces against entering the strait, asserting that it would retaliate against any foreign military action it deemed a threat.
shafaq.com
