The dollar slipped after the US vote
The dollar down 1.1% on the week while gold coins rose, food coupons raised for fewer people, BNPL at 17% of online shopping, and a winter gas gap.
This week's story · Issue 04, written in Tehran, Saturday 7 November 2026
The dollar slipped after the US vote. Gold coins held their ground.
On Wednesday, the free-market dollar lost 1.2% in a single day as results of the US midterm elections came in. It closed the week at 2,682,000 rial, down 1.1%. The Emami gold coin ended the week 0.2% higher.
Weekly Snapshot
Get it by emailThe price wave has left the food aisle
Prices up 4.4% in a month with school fees and transport leading, car import tariffs at 100% or more, and a possible rise in fuel prices.
Factory prices are rising faster than shop prices
Producer inflation near 92%, border queues at Bazargan, crude output down 40%, and the dollar back above its 4 October level.
Central bank dollars bought the rial four calm days
Cash sales of up to $10,000 per person, the IMF's new forecast, Tehran's price freeze on staples, and steel output.
Sector stories
Pay in four: Iran's economy, seen through the checkout
"Buy now, pay later" is set to triple this year: a consumer market that went digital at scale, and two risks few are pricing in, retailers' cash and household debt.
We are an independent research team in Tehran. The Weekly Snapshot is free: the story of the week, the news around it and a page of Iran's key numbers. When you need more, we prepare sector studies and market-entry analysis around your decision.
Our services →Why we started
I spent years helping French companies look at Iran at Business France's Tehran office, and then eight years on the buying side of an international retailer here. Both times, the hardest part was the same: seeing the market clearly. Sarv InSight is our answer to that. We are independent, we work from Tehran, and we tell the story behind the numbers for people who need to make a decision.
Morteza Motahar, founder · More about us
Get the weekly snapshot
Free, every week. No fee, no account.