A strange thing happened in the foreign exchange market / the dollar of the central bank overtook the free dollar + the table.
▫ The currency and gold market follows the transactions today, Monday, November 18, 1405, in a situation where the political signals are more inclined to reduce tensions between Iran and America.
▫ Donald Trump's statements about the improbability of issuing a new attack order to Iran if the negotiations progress, alongside the doctors' emphasis on resolving disagreements through dialogue and the validity of Tehran's two-day offer, somewhat reduced expectations for growth in the currency market.
▫ However, it is still not possible to talk about the finality of the agreement or the permanent reduction of political tensions, especially since the American Secretary of State did not see the negotiations as particularly fruitful.
▫ In the foreign exchange market, the Azad dollar today decreased by 600 tomans compared to the previous day and reached 265 thousand 100 tomans. A noteworthy point in today's currency market is the inversion of the central bank's government dollar rate over the free market dollar.
▫ In a situation where the free dollar retreated to a range of 265 thousand tomans, the government dollar rate reached 266 thousand tomans from 265 thousand tomans the previous day.
Full report on the Echo Iran website.