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Translated regional report

Dollar Dancing to the Tune of Politics

Automated translation and editorial curation by WhenBuyPublished

Original report: Fars News AgencyEditorial policy

Fars News Agency

🔺Dollar Dancing to the Tune of Politics 🔹“Last week 107 thousand, today 92,” these numbers are the rate of Tether (digital dollar) on the phone of Akbar, a 35-year-old seller in Ferdowsi Square, who shows it to a customer and says, “These days the market fluctuates with any news of negotiations.” 🔹Sanaz Deliri, a senior economist at a research institute in Tehran, has been warning on her personal page for a month that the fluctuations in currency, Tether, and gold are “political.” 🔹Anyone who bought Tether last week has lost 140 thousand Tomans on each million Tomans of their investment today. 🔹A central bank director, who wished to remain anonymous, stated that organizing economic, political, and media groups to create artificial fluctuations and apply psychological pressure on society has a history. 🔹Experts warn that the recent fluctuations in the dollar and gold markets could be repeated with the design of think tanks outside Iran, especially during negotiations, ultimately leading to the condition of Iranian financial markets.

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