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Dollar Rebound After Five-Day Slide
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Market updateDollar Snaps Five Day Slide, Tops 187,000 Tomans as Emami Coin Premium Jumps More Than 50 Percent Overnight; Market Pulse, Midday Wednesday, Mordad 21, 1405
Midday Wednesday, Mordad 21, 1405 (August 12, 2026): Tehran's free market dollar jumped 1.19 percent to 187,800 tomans, snapping its five day slide, while the Emami gold coin's premium jumped 51.67 percent overnight to about 4,227,000 tomans. Tehran's TEDPIX closed at a record in the 5.7 million point channel yesterday and was still holding that range this morning. Global gold traded near $4,400 and Brent crude near $90.
NewsTehran Dollar Jumps 1.19 Percent Tuesday, Ending a Five-Day Slide, to Reach 187,800 Tomans (20 Mordad 1405)
Tehran's free-market dollar, which fell for five straight sessions from Wednesday, August 5 to Monday, August 10, 2026, its longest losing streak of the year, to a one-month low, jumped about 1.19 percent (2,200 tomans) on Tuesday, August 11 to reach 187,800 tomans. Gold and the Emami coin rose in tandem, while Brent crude jumped nearly 5 percent above $87 as a Strait of Hormuz risk premium returned to markets.