Free-market dollar edges up about 0.6% to nearly 179,300 tomans on Sunday
12 July 2026 | 3 months ago
The free-market US dollar in Tehran rose about 0.6% (roughly 1,100 tomans) on Sunday, 12 July 2026, to around 179,300 tomans, recovering part of the previous day's decline. On Saturday, 11 July, the dollar had fallen nearly 1.9% to about 178,300 tomans.
In the remittance market, the UAE dirham also rose on Sunday to around 40,600 tomans. Market participants cited the climb in official Exchange Center remittance rates and regional tensions around the Strait of Hormuz as factors weighing on the currency market.
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