A multi-channel drop in the price of the dollar retreated to the channel by 265 thousand tomans.
The dollar in the open market reopened the transactions on Sunday with a negative gap of 1,540 tomans and two low channels, at a rate of 268,780 tomans, and was on a downward trajectory since the beginning of trading. The final price of the dollar compared to the closing rate on Saturday, i.e. 270,320 tomans, shows a decrease of 5,400 tomans; A decrease indicating a significant change in the direction of transactions in the foreign exchange market and an increase in the power of sellers.
The euro on the open market began trading on Sunday with a negative gap of 1,930 tomans and two channels lower, at a rate of 296,420 tomans, and then continued its downward trend as selling pressure continued. During trading, the euro fell to a rate of 292,680 tomans, lost four price channels, and moved away from the range of 296,000 tomans.
The UAE dirham started trading on Sunday with a negative gap of 470 tomans at a rate of 73 thousand 280 tomans, and then due to the downward trend of the currency market, it was accompanied by a price drop. This currency fell back to the rate of 72 thousand 340 tomans and lost another part of its value.
Read the details in Akhtaznews.