In Iran, The Dollar Rate Is Approaching Its Peak!

In Iran, The Dollar Rate Is Approaching Its Peak!

The dollar rate in Iran approached 19 thousand divisions for the first time after the historical summit it reached in September 2018. According to the information obtained, the dollar, which has risen in Iran lately, has reached the level of 18 thousand 850 divisions in the free market. In Iran, the euro approached 21 thousand 200 divisions, while 1 Turkish Lira was traded from 2 thousand 750 divisions. In January, it was trading at the level of 1 USD and 13 thousand 350 divisions in Iran. According to these data, the Iranian division has lost 41 percent against the dollar since the beginning of the year. The value the division lost against the dollar rose up to 190 percent within 25 months after the USA withdrew from the nuclear deal. In April 2018, the rise of $ 1 in Iran from the level of 4 thousand divisions to 6 thousand 100 divisions had forced the Hasan Rouhani government to step. As a result, the Central Bank of Iran fixed the dollar to 4,200 divisions on April 10, 2018, to prevent the divisional depreciation against the currency; Two different exchange rates emerged in Iran, the state rate and the free market rate. As the United States withdrew unilaterally from the nuclear deal called the Comprehensive Joint Action Plan (KOEP) in May 2018 and brought back sanctions to Iran, it reached the peak of history on September 26, 2018. In the next period, this level dropped to 10, 300 divisions.