The Iranian currency continued its decline against the US dollar on Thursday, with the dollar's selling price in the free market reaching approximately 273,700 tomans, equivalent to about 27.37 million tomans per 100 dollars, amid increasing economic pressures and worsening
inflation rates. The dollar's selling price rose by 3,900 tomans compared to the previous day, marking an increase of 1.45%. This depreciation is part of a continuing downward trend in the Iranian currency over recent months, driven by the repercussions
of military confrontations with the United States and Israel, restrictions on oil exports, reduced foreign currency inflows, and increased demand for the dollar and gold as safe havens to protect savings from inflation. At the beginning of October, the Central
Bank of Iran announced the injection of up to two billion dollars through government banks to support the local currency and curb exchange rate fluctuations. Meanwhile, data from the Iranian Statistics Center revealed that the annual inflation rate rose to
73.6% in September, with consumer prices increasing by 89.8% compared to the same month last year, highlighting the expanding living cost pressures and the decline in household purchasing power.
