WANA (June 18) — Currently, the currency, coin, and gold market is in a recession, with fewer transactions taking place. Traders attribute the market stagnation to the upcoming elections and the closure of neighboring currency markets due to Eid al-Adha.

 

Under the existing market conditions, the dollar’s price in Tehran is on the verge of entering the 570,000-Rial range, and gold coins have fallen below the 40 million-toman mark. However, the price of melted gold has increased, contrary to other markets.

 

Traders believe that this recession is not limited to the currency and coin market but has also affected other markets, such as the stock market and automobile industry.

 

WANA - Campaigning of presidential candidates

WANA – Campaigning of presidential candidates