Wednesday, 1 December , 2021
toman Archives - Iran News Daily
Zeroes off, Toman Comes 04 May 2020

Zeroes off, Toman Comes

Iranian lawmakers approved on Monday a monetary bill to shave four zeroes off the national currency.

Currency reconversion not a turning point in economic reformation 09 Jan 2019

Currency reconversion not a turning point in economic reformation

One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary policies, moving forward toward which the Rouhani administration put forward the plan to shift the national currency from Rial to Toman earlier in December 2016 by eliminating specific number of zeroes. […]