Iran's currency response Bank sales and reassurance

Sep 30–Oct 3

The October 3 bulletin says a $2 billion banknote-sale program began that morning, with $1 billion initially through selected banks and affiliated exchanges. Adults over eighteen may buy up to $10,000 with a national ID. It repeats the Tehran prosecutor's direction to identify alleged market disruptors, especially influential online actors, for judicial referral. Central Bank adviser Mehdi Darabi calls recent currency fluctuations temporary and driven by expectations, denies the presented picture of economic deterioration and says accelerating liquidity growth and the sharp rise in year-on-year inflation have stopped. These are attributed assurances. Its launch wording is not reconciled with earlier coverage.

IRINN's September 30 account says Central Bank currency sales began that day under a $2 billion program, with $1 billion initially through selected banks and affiliated exchanges and adults over eighteen eligible for up to $10,000 with a national ID, compared with the former $1,100 quota. It reports a relative currency decline and losses in most gold/silver funds without proving causation or full program delivery. Show 293 on October 3 repeats the same terms but says sales began that morning. The launch date is unresolved: the September 30–October 3 range bounds conflicting onset reports, not proven continuous execution or an established second program.