Rewritten Title: Iran’s Currency Markets Navigate Shifting Tides for Major Currencies
Article:
In a notable day for Iran’s financial landscape, the currency markets on the 28th of Aban witnessed a period of constrained fluctuation, with the dollar holding firm above a key psychological threshold. The latest figures from the official exchange center and the open market highlight the ongoing dynamics influencing foreign currency values within the nation’s managed economic framework.
Dollar Holds Steady Above Key Level
The exchange rate for the US dollar concluded at 112,550 Tomans in the open market. According to the official Foreign Exchange Center, the transfer rate for the dollar was set at 70,792 Tomans, while the physical banknote price was reported at 72,916 Tomans. This positioning indicates a period of relative stability for the American currency at its current levels.
Euro and Other Currencies Show Varied Movement
The European single currency also experienced adjustments. The official banknote price for the Euro was listed at 84,571 Tomans, with its transfer rate at 82,108 Tomans. In the open market, the Euro saw a more pronounced increase, trading at approximately 130,260 Tomans per unit.
Other major currencies followed similar patterns. The UAE Dirham was priced at 19,854 Tomans for banknotes in the official center, climbing to 30,660 Tomans in the open market. The British Pound rose in the open market to 147,860 Tomans, and the Turkish Lira was traded at 2,660 Tomans.
These developments reflect the continuous and careful management of the currency market, which operates within the established policies of the Islamic Republic of Iran. The observed stability and adjustments are part of the normal market mechanisms under these guidelines.