One day after the Supreme Leader of the Iranian regime, Ali Khamenei, expressed concern about Iran’s economic dependence on the U.S. dollar, and simultaneously with the release of images of Massoud Pezeshkian digging in Khuzestan, the value of the rial plummeted again, with the price of one U.S. dollar in Iran’s free market exceeding 840,000 rials.
According to reports from Iran, on Thursday, January 23, the price of one U.S. dollar in the free market was 840,350 rials.
In recent hours, as the price of the dollar and other currencies continued to rise in Iran’s free market, users on social media reacted to the falling value of the rial.
Some users pointed out that the 840,000-rial record for the dollar and the gold coin price reaching 600 million rials (approximately $712) occurred just two days after Donald Trump assumed the U.S. presidency, while the Iranian regime had sent former Foreign Minister Mohammad Javad Zarif to Davos to stabilize the market.
Khamenei’s remarks about removing the dollar from trade in Iran coincided with news that one day after Donald Trump was sworn in as the 47th U.S. president, Saudi Crown Prince Mohammed bin Salman had contacted Trump to propose a $600 billion investment in the United States.
Several users compared the U.S. and Iranian presidents, referencing images of Massoud Pezeshkian digging with work clothes in oil-rich Khuzestan. They noted that while the dollar’s value crossed 840,000 rials, the Iranian president was shoveling in Khuzestan, whereas Donald Trump had attracted billions of dollars in investment for his country in just two days.
Earlier, Steven Mnuchin, Donald Trump’s nominee for U.S. Treasury Secretary, said on Thursday, January 16, that the dollar must remain the world’s reserve currency.
