Iranian gold market is influenced by price reduction of Dollar and other currencies
Within several days ago, the dollar price reduced to 11-12000 toman. It seems that the influence of bad political issues in Iran is calming down and, at the same time, the central bank of Iran could bring back a calm situation in the currency market.
The number of currency sellers is growing. Moreover, the currency owners who bought dollars in high price have to sell them at a low price and it is an economic burden for them. The government tries to take care of diplomacy and the central bank at the same time. It is said the value of national money is reinforcing up to 21 percent. The challenge of the government is to stop the brokers of currency.