2026-09-12T18:08:07+00:00
Shafaq News- Tehran
The US dollar climbed above 236,000 Iranian tomans in Iran’s free market
on Saturday, reaching a new high, according to Tejarat News, a website that
tracks free-market exchange rates.
The euro also rose about 5.6% over the past week to around 274,760
tomans, while the British pound gained about 5.8% to top 319,000 tomans.
US Treasury Secretary Scott Bessent unveiled “Operation Economic
Outcast” on August 24, targeting nearly 60 Iran-linked individuals, entities
and vessels and widening potential secondary sanctions across sectors including
digital assets, technology, gold, aviation and shipping.
Renewed US-Iran military exchanges and a US blockade have added pressure
on Iran’s economy and crude exports. Iranian loadings fell to about 220,000 to
255,000 barrels per day (bpd) in August from roughly 2 million bpd in March,
according to industry data cited by Reuters.
Iran’s central bank has sought to contain the pressure. Governor
Abdolnaser Hemmati said on September 1 that Iran had sufficient
foreign-currency reserves and was prepared to inject up to $2 billion into the
market to curb volatility.
One Iranian toman = 10 rials
