One of the factors increasing the price of currency is the instability of Borjam
The Secretary of the Economic Commission of the Majles said: “Shaking in the future of Borjam is one of the factors increasing the price of currency in recent days. Seyed Hassan Hosseini Shahroudi, referring to the issue of increasing the rate in recent days, said: He sees it as the reason for the increase in demand for currency, but there are certainly other reasons that contribute to this sudden increase and unexpected recession. One of the reasons for the increase in demand is the growth of liquidity in recent months, the effect of which is eventually overflowing in a market.
He added that a significant part of the increase in foreign exchange demand in recent days is related to the extension of the Damato law and the problems that will arise in the future for the Borjam agreement.
Hosseini continued, “We hope that the government will control the atmosphere created in the foreign exchange market as soon as possible with the measures it has taken, otherwise the unbridled growth of the dollar exchange rate could have serious consequences for the country’s economy.”
In an interview with Tasnim “Pouya”, Hosseini stressed that the emotional atmosphere that has recently formed has caused people to flock to a market like the foreign exchange market. In the current situation, the growth of demand in the form of a bubble has led to an increase in demand for currency at various levels, and if this emotional atmosphere is not controlled, it will inevitably lead to a precarious situation for the country.