heavy supply of currency in the agreed market; 86 million dollars remained without customers
According to Iran Economist, today (Sunday), more than 86 million dollars were offered at the price of 30 thousand 250 tomans in the foreign exchange market, while only about 45 thousand dollars were sold and the rest of the offered dollars remained without customers.
It was at the end of June that the Central Bank, in order to organize the foreign exchange market, in interaction with the center of exchanges, reputable exchanges and exporters, came to the conclusion that the supply and demand agreement market should be launched. Then, the possibility of agreed currency transactions was provided in the exchanges and the organized currency market.
Today (Sunday, August 2nd), at the beginning of the activity of the foreign exchange market, the dollar was traded at a price of 30 thousand tomans and a volume of 10 thousand.
On the other hand, in the past days, with the creation of the rial-ruble trading symbol in the foreign exchange market, the possibility of obtaining ruble currency in this market has been provided for students studying in Russia.
The Secretary General of the Money Changers Association of the country told the Central Bank Research Center about the market situation: As the launch of various currencies in the integrated currency market is approaching, it is expected that, according to the experience of currency transactions in the agreed market, a larger volume of transactions between the seller and consumers of currency from the informal market to To be transferred to the official markets under the supervision of the central bank in the exchange cycle.
Kamran Soltanizadeh added: With the addition of other currencies in the integrated foreign exchange market, the focus on dollar consumption will be reduced, and various widely used currencies such as Turkish Lira, Iraqi Dinar, and Emirati Dirham will be provided to the compatriots, which can adjust the exchange rate in The market helps.
Regarding the situation of the foreign exchange market in the early days of August, he also said: Fortunately, according to the announcements of the Central Bank to the exchanges, we are witnessing the continuation of the supply of foreign currency by exporters and meeting the foreign exchange needs of applicants. In such a way that currently the agreed dollar rate in the channel fluctuates between 29 and 30 thousand tomans and there is no news of currency price jump.
Meanwhile, the space for informal transactions has become much more limited than in the past, and there is no possibility of fluctuations by dealers; Because the direction of the currency index affected the transactions in the authorized exchange network of the country. He emphasized: The foreign exchange market is experiencing calm conditions and it is expected that this process will continue in the future due to the foreign exchange policies of the Central Bank and the possibility of supplying banknotes to the exchange network.