One day after the Supreme Leader of the Islamic Republic expressed concern over Iran's economy's dependence on the dollar, and coinciding with images of Massoud Pezeshkian digging in Khuzestan, the value of the rial fell again, and the price of one US dollar in the free market of Iran surpassed 84,000 tomans. According to reports from Iran, at the time of this news being prepared on Thursday, January 24, the price of one US dollar in the free market of Iran is 84,350 tomans. In recent hours, as the price of the dollar and other foreign currencies continues to rise in the free market of Iran, users on social media reacted to the decline in the value of the rial. Siamak Ghazemi, an economic expert in Iran, pointed out the ongoing increase in foreign currency prices, including the dollar, in the Iranian market since the removal of the Nima dollar, writing on social media platform X: 'It is clear that neither rent has been removed nor a gap controlled; this name change was merely an excuse for raising the base import currency price.' Some users recalled that the record price of 84,000 tomans for the dollar and the gold coin reaching 60 million tomans occurred just two days after Donald Trump's presidency began, while the Islamic Republic sent Zarif to Davos to control the market. Journalist Hamed Mohammadi also referenced part of the Supreme Leader's speech, writing: 'Khamenei once again wants to eliminate the dollar from trade. Meanwhile, the Istanbul intersection has the dollar at 84,000 tomans! Living a lifetime with a closed mind requires art!' Ali Khamenei's remarks about eliminating the dollar from trade in Iran come at a time when just one day after Donald Trump was sworn in as the 47th President of the United States, Mohammed bin Salman, the Crown Prince of Saudi Arabia, contacted him seeking $600 billion in investment in the United States. Additionally, some users compared the Presidents of the United States and the Islamic Republic, noting that while the dollar price has surpassed 84,000 tomans, the head of the Islamic Republic is digging in Khuzestan, the heart of oil, in work clothes, while Donald Trump has attracted billions of dollars in investment for his country in the past two days. Previously, Scott Basset, Donald Trump's nominee for Secretary of the Treasury, stated that the dollar should remain as the global reserve currency.
Dollar Price Surpasses 84,000 Tomans; Continued Decline of Rial Value
The value of the Iranian rial has fallen sharply, with the dollar surpassing 84,000 tomans. This decline follows Supreme Leader Khamenei's concerns about the economy's reliance on the dollar. The situation highlights the economic challenges Iran faces amid political developments, including Trump's presidency.
👥 Key Players
📰 What Happened
The Iranian rial has depreciated significantly, with the dollar surpassing 84,000 tomans in the free market. This follows remarks by Iran's Supreme Leader on reducing reliance on the dollar.
- The rial's value has fallen sharply against the dollar.
- Khamenei has expressed concerns about Iran's economic dependency on the dollar.
💡 Why It Matters
📚 Background
Iran's economy has been under strain due to sanctions and internal mismanagement, with currency depreciation being a persistent issue.
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