Title: Iranian Foreign Exchange Markets See Notable Activity Amidst Global Economic Conditions
Tehran – As the Iranian calendar marks the tenth day of Shahrivar 1403, the foreign exchange market has been a focal point for analysts, with the US Dollar trading within a significant range.
Official and Free Market Rates Detailed
According to reports from the Foreign Exchange Center, the official rate for US Dollar banknotes was set at 71,314 tomans. The exchange rate for Dollar transfers was announced at 69,237 tomans. Concurrently, tracking price movements in the informal market indicates the Dollar is operating within the upper range of its corridor.
Over the past 24 hours, the US Dollar saw an increase of 2,210 tomans, reaching a value of 104,830 tomans, representing a 2.1 percent rise in its value.
Euro Exchange Rates Published
The official rate for the Euro banknote was reported at 83,329 tomans by the Foreign Exchange Center. The transfer rate for the Euro was set at 80,902 tomans.
In the free market, the value of the Euro was announced at 123,100 tomans. The European currency experienced an increase of 2,590 tomans over the previous 24-hour period, also equating to a 2.1 percent gain.
Dirham Trading Data
Completing the major currency overview, the official rate for the UAE Dirham banknote was set at 19,418 tomans. The Dirham transfer rate was listed at 18,852 tomans.
Market observers routinely monitor these fluctuations, which are influenced by a complex array of international economic factors and global market dynamics.
Source: Khabar Online
