Dollar falls to a three week low near 188,000 tomans in Iran's free market
5 August 2026 | 3 months ago
The US dollar in Iran's free market trended lower on Wednesday, 5 August 2026 (14 Mordad 1405), amid continued optimism over a possible reopening of the Strait of Hormuz. According to Eghtesad Online, the dollar opened the day's trading at 189,020 tomans, down 3,860 tomans from Monday's 192,880 tomans. Data from Alanchand showed the decline continuing through the day, with the dollar trading at 187,850 tomans as of 21:55 Tehran time that evening. The same Eghtesad Online report showed 18 karat gold rising to around 18,424,900 tomans per gram and the global gold price climbing to $4,163.90 an ounce, while the Emami gold coin traded with little change around 186 million tomans.
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