The rise in the price of foreign currencies and gold continues in Iran, and domestic media outlets report the continued increase in the prices of cars, rice, and other goods in the country.
While the price of each US dollar in Iran fluctuated around 590,000 rials in recent months, with escalating regional tensions, foreign exchange rates began rising on the night of Friday, September 27, reaching 615,000 rials by Wednesday, October 2.
Meanwhile, on Wednesday, October 2, a member of the Tehran Chamber of Commerce told the state-run Mehr News Agency that the rise in currencies like the dollar is “solely related to Iran’s attack on Israel.”
Arman Khaleghi, referring to the 10,000-rial increase, predicted that this price hike “will subside in the coming hours, as it has in previous instances.”
Meanwhile, the prices of some goods in Iran had already risen in recent days, even before this attack.
The official regime news agency, IRNA, reported on Tuesday, October 1, that the price of gold coins had increased, stating that the price of each new-design coin had risen by 5.59 million rials (approximately 9 USD) compared to the previous day.
This agency wrote that the price of new-design coins had reached 470.59 million rials (approximately 771 USD).
According to economic media reports, the price of domestically produced cars also rose on Monday, September 30.
On Tuesday, IRNA also reported the rise in rice prices and published an open letter from the Rice Producers and Suppliers Association of Iran to Mohammad Reza Aref, the regime’s Vice President.
The association announced that the stagnation of “100,000 tons of rice” in the country’s customs had led to a decrease in the supply of imported rice to the market, causing price increases.
The letter noted that despite the stable exchange rate for preferred currencies and the global price of rice compared to last year, the price of imported rice in Iran’s market has increased by “around 50%.”
Data released by the Statistical Center of Iran shows that in August this year, the inflation rate for food and beverages reached 34.8%, with the highest inflation in the “red meat and poultry” food category.
