Iran news quotes the story of removing zero from Rial, told by Irandaily. Removing four zeros from the national currency, the rial, will help facilitate people’s financial transactions, said the governor of the Central Bank of Iran (CBI). In an address to an open session of the Iranian Parliament on Sunday, Abdolnaser Hemmati said that […]
TEHRAN - The governor of the Central Bank of Iran (CBI) says plots for a massive devaluation of Iran’s national currency have effectively failed as the rial keeps regaining some of its value despite growing economic pressure from the United States and a flare-up of tensions in the Persian Gulf over the past weeks.
The Central Bank of Iran (CBI) submitted the draft of a bill to slash four zeroes from the national currency, rial, to the cabinet, Tasnim news agency quoted the governor of the CBI as saying on Sunday. “The government submitted the bill on crossing out four zeroes of the national currency to the parliament on […]
Secretary of the Expediency Council and former IRGC commander Mohsen Rezaei has referred to the current economic situation, saying the Iranian nation will get through the difficulties and help the national currency regain its lost value. In a Friday post on his Twitter account, Rezaei wrote, the national currency’s value depends on several factors including, […]