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Iran's Central Bank Chief Predicts Further Drop in Dollar Rate

Original: Central Bank Chief Promises Further Drop in Dollar Rate as Toman Stabilizes

The governor of Iran's Central Bank says the US dollar rate will fall further as the toman stabilizes. The pledge comes amid ongoing volatility in Iran's currency market, where exchange rates have been a major source of public anxiety and a barometer of economic confidence and sanctions pressure.

Why now: Iranians are closely watching the currency market as the toman's value directly affects prices and household purchasing power

Central Bank of IranIranUS dollartoman

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