Iran's Two Dollar Rates Drift 4 Points Wider This Week as TEDPIX Ends Its 20-Session Rally in the Red; Market Pulse, Saturday, September 5, 2026

The gap between Iran's free and official dollar rates hit nearly thirty eight percent today. The free dollar is near two hundred twenty one thousand tomans, above the official rate near one hundred sixty thousand. Last Wednesday, retail investors pulled nearly five thousand six hundred billion tomans out of Tehran's bourse. Fameli, Saipa and Vabank each gained close to three percent, leading today's winners on the exchange. But Bank Tejarat, Mobarakeh Steel and Shasta each fell close to three percent, keeping the market red. Tehran's main index finally fell one point two one percent after twenty straight winning sessions. Despite today's gain, Fameli sits in the eighth value percentile of its sector, meaning it looks fairly expensive. Farabourse's main index also fell about one percent Wednesday, to fifty thousand eight hundred thirty four points. Retail investors were net sellers on Farabourse too, though their selling pressure was lighter than on the main bourse. The Base Market was quiet today, but its thin liquidity always means bigger swings. Global gold fell over one hundred dollars Friday night after a strong jobs report, and has now recovered slightly. Brent crude, the Turkish lira, the Chinese yuan and the S and P five hundred were all in focus this morning. Watch the dollar's reaction to fresh US bank sanctions, and how Tehran's bourse opens today. Today's verdict is clear: the dollar gap widened, the coin premium fell, and the bourse's rally finally broke. The dollar gap should stay wide until Sunday's edition. Which rate do you trust more, free or official?