Currency market surrounded by negative news?

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-Tuesday 2024/12/10 - 13:19
News Code:9764
بازار ارز در محاصره اخبار منفی؟

The fall of Bashar al-Assad's government in Syria due to the strategic, economic and political relations between the two countries

The fall of Bashar al-Assad's government in Syria has put additional pressure on the Iranian currency market due to the strategic, economic and political ties between the two countries. Disruption in transit routes and reduced access to foreign currencies are among the consequences of these changes. 

The currency market is heavily influenced by political news. Changes in the status of Iran's allies have created negative expectations, increasing demand for the dollar and depreciating the rial. 

In the second half of the year, factors such as rising government spending, falling export earnings and higher demand from importers will fuel the exchange rate appreciation. This trend is considered normal in the currency market during this time period. 

A combination of political and economic factors, including developments in Syria and a seasonal surge in demand, have pushed the currency market to all-time highs. This situation has created an uncertain outlook for the exchange rate in the short term./World of Economics

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