With the conclusion of the second round of negotiations between the Iranian regime and the United States in Rome, the value of the U.S. dollar in Iran dropped to its lowest level since February, when Donald Trump returned to the White House. Last week, following the previous round of talks, the dollar experienced a significant drop but quickly resumed an upward trend.
On Saturday morning, April 19, the dollar traded at around 850,000 rials in Tehran’s market. As trading began, the price rose to over 860,000 rials. However, following the release of positive news by pro-regime media in Iran regarding the second round of negotiations held in Rome, the dollar’s value dropped to about 824,000 rials.
The current exchange rate shows a 3% decrease compared to Thursday, April 17, when the dollar was trading around 856,000 rials.
In the previous round, the dollar’s rate on Saturday, April 12, had dropped about 7% compared to Thursday, April 10. On Thursday, April 10, the dollar had been around 1,001,100 rials, but after the talks on April 12, it dropped to 928,000 rials.
This trend continued on Sunday, April 13, with the dollar falling by around 9% to 847,000 rials. However, on Monday, it rebounded by about 5%, reaching around 892,000 rials.
Currently, the dollar is trading at approximately 825,000 rials.
This is the lowest dollar rate since January 27, the day Donald Trump returned to the White House for a second term and subsequently issued an order to reinstate maximum pressure on the Iranian regime.
During this period, the dollar peaked on April 7, reaching 1,058,900 rials.
The gold market followed the currency market. The price per gram of gold, which was 68,600,000 rials on Thursday, April 17, has now dropped by 4% to 65,630,000 rials.
