Iran Market Pulse: Monday Morning, July 20, 2026; the Dollar Backs Off Its 194,000-Toman Record, but Its Gap With the Official Rate Widens to 42,000 Tomans

After days of record-setting, the parallel market caught its breath: by the evening of Sunday, 28 Tir 1405 (19 July 2026) the free-market dollar had eased to about 193,000 tomans, but its gap with the roughly 150,000-toman official ("toafoghi") rate widened past 42,000 tomans. 18-karat gold fell nearly 2%, yet the coin premium rose, and by early Monday Brent crude jumped more than 3% to the 91-dollar mark. The Tehran bourse logged another down session.