Currency rates in exchanges

In recent days, Iran’s foreign exchange market has witnessed an unprecedented surge in the dollar exchange rate, with the unofficial market pushing the value beyond 88,000 tomans per USD. This continuous upward trend is primarily attributed to ongoing sanctions, geopolitical tensions, and the lack of direct negotiations with the U.S., according to economic and political analysts.

Key Factors Driving the Surge in the Dollar Rate
Several economic and political factors have contributed to the rapid appreciation of the U.S. dollar in Iran:

???? Economic Sanctions & Restricted Access to Foreign Reserves: Iran’s inability to access its international financial assets has intensified domestic market pressure, increasing the demand for foreign currencies.

???? Geopolitical Uncertainty & Market Speculation: The absence of direct talks with the U.S. and persistent political uncertainties have fueled market concerns, pushing traders to invest in safe-haven assets like foreign currency and gold.

???? Rising Inflation & Devaluation of the Rial: As inflation continues to soar and the Iranian rial weakens, many individuals seek refuge in hard currencies to protect their wealth.

???? Lack of Clear Economic Policies: The absence of transparent monetary policies has further exacerbated market volatility and heightened public anxiety.

Economic & Social Implications
The sharp rise in Iran’s exchange rate has had far-reaching consequences:

 Surging Inflation: Higher import costs have led to a significant increase in consumer prices.

 Reduced Purchasing Power: The middle and lower-income segments of society are bearing the brunt of economic instability and rising living expenses.

 Market Volatility: The gold and cryptocurrency markets have also been affected, experiencing major fluctuations in response to the soaring dollar rate.

Proposed Solutions to Stabilize the Market
Economic experts emphasize that Iran’s removal from the FATF blacklist could be a crucial step toward mitigating financial constraints and improving access to global trade. Hadi Khani, Iran’s Deputy Minister of Economic Affairs and Finance, recently stated:

???? "To counter U.S. sanctions, we must establish financial networks with allied nations. Remaining on the FATF blacklist significantly hinders this process."

 What’s Next?

 Given the current trajectory, further increases in the dollar’s value seem likely in the near future.

 Policy reforms and enhanced diplomatic efforts are essential to curb currency fluctuations and restore economic stability.

 Investors and market participants must stay informed on political and economic developments to navigate the unpredictable financial landscape.