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Dollar Surpasses 78,000 Tomans; Continued Record-Breaking of the Dollar

Feb 2, 2026 February 2, 2026 2 min read 📰 VOA Persian
📋 Key Takeaway

The dollar price in Iran has surpassed 78,000 tomans, with significant increases in other currencies as well. Central Bank Governor Mohammad Reza Farzin attributes the currency crisis to external psychological operations by enemies, while analysts suggest that internal policies are the primary cause of economic concerns. This situation highlights ongoing economic instability in Iran.

🔍 Quick Context Guide
💡 Bottom Line: The continued rise in currency prices signals deepening economic troubles in Iran, raising concerns among citizens and analysts alike.

👥 Key Players

Mohammad Reza Farzin MENTIONED
Governor of the Central Bank of Iran
"As the head of the Central Bank, he is responsible for monetary policy and currency stability in Iran, making his statements and actions critical to understanding the economic situation."

📰 What Happened

The price of the dollar in Iran has surged past 78,000 tomans, with significant increases in other currencies as well. Central Bank Governor Mohammad Reza Farzin attributes this crisis to external psychological operations by enemies, while analysts suggest that internal policies are the primary cause of economic instability.

  • The dollar has reached 78,000 tomans, with the British pound hitting 99,000 tomans and the euro surpassing 82,000 tomans.
  • Farzin claims that rumors and external pressures are exacerbating the currency crisis.

💡 Why It Matters

🇮🇷 For Iran: The rising dollar price indicates severe economic challenges, affecting everyday life for Iranians and leading to increased inflation and uncertainty.
🌍 Regional: Economic instability in Iran can have ripple effects on neighboring countries, particularly those with economic ties or shared markets.
🌐 International: The situation reflects broader geopolitical tensions, particularly with the U.S. and Israel, and may influence international perceptions and policies towards Iran.

📚 Background

Iran has faced ongoing economic challenges, including sanctions and mismanagement, leading to currency devaluation and inflation. The Central Bank's policies and external pressures are often cited as key factors in this instability.

Iran's economic sanctions Currency devaluation in Iran
📡 Source: STATE MEDIA
📊 Confidence: 70%
As a state media report, the article may reflect the government's perspective and downplay internal issues while emphasizing external threats.

The upward trend in the prices of various currencies in Iran continues, and accordingly, in the early hours of trading on Wednesday, December 19, the price of the dollar increased to 78,000 tomans. According to Tehran exchange offices and information published in gold and currency news channels, the price of dollar remittances has also surpassed 79,000 tomans, and the British pound has reached a historic record of 99,000 tomans. Additionally, each euro has crossed the 82,000 tomans mark. According to news websites, the price of the Imam Khomeini gold coin has reached 55 million and 200 thousand tomans, and the half coin has reached 29 million and 500 thousand tomans. The increase in the prices of various currencies in Iran occurs while the Governor of the Central Bank, Mohammad Reza Farzin, stated on the evening of December 18 during a presence on the Islamic Republic's broadcasting that: 'We are witnessing heavy psychological operations by the enemy following the announcement of the Central Bank's currency policy.' Farzin claimed that the 'enemy' benefits from the increase in currency rates in Iran and 'for this reason, CNN reported that drones were spotted over New Jersey, USA.' The Central Bank Governor also claimed that the mechanism of the trigger was mentioned, and rumors of military threats from Israel and the future U.S. President Trump were raised, and it was also rumored that Iran's oil purchases had decreased, which he called 'utter lies.' Farzin emphasized that 'whenever we want to do something, the enemy engages in psychological operations, and some who benefit from the increase in currency prices in the country fuel the spread of rumors.' These claims by Mohammad Reza Farzin come at a time when many analysts and experts believe that the Islamic Republic's policies abroad are the main cause of concern among economic actors and both small and large players in the market. These concerns, along with traditional factors influencing the currency market, have ultimately led to daily records being set in the currency market. An examination of the dollar's price surge and its future in an interview with Arzu Karim. The dollar's record of 77,000 tomans; users: the country is officially closed. The continued record-breaking of the dollar in Iran coincides with shutdowns due to power shortages.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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