The entire Iran cash dollar banknote market is ten million dollars per day. Now that imports are suspended and there is no demand for dollars for imports, the Central Bank can raise the dollar price as much as it wants or bring it down as much as it wants. If the dollar’s price is going up, that is what the Central Bank wants; if it is coming down, that is also what the Central Bank wants. It isn’t that strange for someone like Eshaq Jahangiri to create fluctuations. A few days ago, Eshaq Jahangiri himself said, “We collected $4 billion from the bottom of the market.”

But the main goal of pumping and dumping the dollar market by Hemati is to push the market up to a certain level—for example, raise the dollar to 230 and then bring it down to 190. That way, you end up “burning” a number of people who don’t go back into the market, and it also gives them the pose of controlling the market.