The evening session saw the US dollar maintain a narrow band, with the sell rate at 155,400 toman and the buy rate at 154,480 toman. The euro remained the second‑most expensive foreign currency at a sell price of 178,250 toman, while the British pound and the United Arab Emirates dirham were quoted at 205,700 and 42,500 toman respectively. The Turkish lira, often used for informal trade, settled at 3,345 toman per unit. Overall, the rial showed limited volatility, reflecting a cautious stance among traders after a week of mixed global cues.
Gold and Coin MarketGold kept its appeal as a safe‑haven asset. The Emami coin, the benchmark for Iranian investors, climbed to 160,500,000 toman per ounce, outpacing the Azadi coin at 155,000,000 toman. The Nim Seke, a smaller denomination, was priced at 84,500,000 toman. In the international market, 18‑karat gold was listed at 15,998,430 toman per gram, while the global ounce price in US dollars stood at $4,250.80. The sustained strength of the Emami coin underscores persistent demand for tangible wealth amid regional uncertainty.
Cryptocurrency SnapshotDigital assets continued to attract attention despite regulatory scrutiny. Bitcoin (BTC) was trading at $63,806, holding above the $60,000 psychological barrier. Ethereum (ETH) hovered at $1,734.55, while the stablecoin USDT was quoted locally at 156,336 toman, slightly above the official dollar sell rate, indicating a modest premium for crypto‑linked transactions. Market participants noted that the crypto market’s correlation with the US dollar remains pronounced, especially as investors seek alternatives to the rial.
OutlookLooking ahead, analysts expect the rial to stay within its current range unless there is a significant shift in oil revenues or external sanctions. Gold is likely to retain its premium if inflationary pressures persist, while the crypto sector may experience heightened volatility as global regulatory frameworks evolve. Traders are advised to monitor the euro’s trajectory and any policy announcements from the Central Bank of Iran before the weekend closes.