Sunday, September 22, 2024

Baghdad

Downfall of Toman’s value in Iraq no relations to drop in visitors

 Downfall of Toman’s value in Iraq no relations to drop in visitors

Iranian currency – Riyal / Toman

Iranian currency - Riyal / Toman

NAJAF / IraqiNews.com: The Iranian Consul in southwest Iraq‘s Shiite holy city of Najaf, has denied that the decrease of the number of Iranian visitors to the Iraqi religious cities had been behind the downfall of the value of the Iranian Toman, compared with the US dollar, saying that the downfall of the Iranian currency was due to the cold winter season and  the dropping temperatures. “The downfall of the Iranian Toman‘s value won’t affect the number of visitors to the Iraqi religious cities, but it was due to the cold winter season,” Mohammed Muhieddin al-Najafi told IraqiNews.com news agency, adding that the coming few days would witness the increase of the visitors. Najafi said that “the Central Bank of Iran had announced the value of the US dollar to be equal to 1,226 Iranian Tomans per dollar, which is equal to the value of the US dollar for the Iraqi dinar.” Noteworthy is that the Iranian Toman had recorded a downfall in the Iraqi markets for very low levels, thing that made merchants and trade shop owners in the Iraqi holy cities of Najaf and Karbala not to deal with the Toman.