Analysis and Commentary

The Controversial Flight of the Dollar and Euro in the Sky of Iran

The Iranian currency market has once again become a scene for soaring rates, with the dollar surpassing 150,000 tomans. Economic developments appear more concerning than ever.

The Controversial Flight of the Dollar and Euro in the Sky of Iran t.me
The Controversial Flight of the Dollar and Euro in the Sky of Iran

Today, February 26, 2025, the Iranian currency market experienced another price surge reminiscent of the first day of nationwide protests. The exchange rate of the US dollar set a new record by crossing the 150,000 toman mark.

Euro Also at Peak Pricing

Meanwhile, the price of each euro reached 179,300 tomans, creating a new record in currency transactions. Market participants believe that the continuation of internet restrictions, the security atmosphere, and uncertainty in economic policies have contributed to increased speculative demand and pressure on the currency market.

These developments have made the inflationary trend of the Iranian economy extremely concerning as the year comes to a close, providing no clear outlook for economic actors.