Iran Market Pulse: Thursday Morning, July 9, 2026

This week, after the Iran US ceasefire ended, the dollar broke through one hundred eighty thousand tomans. Donald Trump, at the NATO summit in Ankara, declared the ceasefire with Iran over. Earlier, a tanker was struck in the Strait of Hormuz, and the US revoked Iran's oil sale waiver. The free market dollar reached about one hundred eighty thousand tomans this morning. Eighteen karat gold reached about seventeen million eight hundred thousand tomans, coin premium near seven million. That means the dollar gained about three thousand five hundred tomans in a single day. Tehran's benchmark index fell about twenty five thousand points on Wednesday. Even so, the index posted its seventh straight weekly gain. Bitcoin pulled back to about sixty two thousand dollars, while Tether traded near one hundred eighty thousand tomans. Nishabur rebar traded near sixty thousand tomans per kilogram, as Brent jumped above seventy eight dollars. The Competition Council ruled the fifteen percent car price hike insufficient. The cement market held steady against the currency swings. Brent crude jumped five percent to seventy eight dollars, but gold unexpectedly fell. The Turkish lira and Russian ruble held steady, and the Iraqi dinar remains a channel for Iran. Seven OPEC plus members agreed to raise output starting in August. The Tehran Stock Exchange is closed today and tomorrow, reopening Saturday. The Council said the hike was approved without coordinating with consumer protection. Read the full analysis today on Sahmino.