Thursday, 22 August 2019, 03:11:07 pm
Iran plans to reform the Rial: deleting four zeros
April 19, 2019

Iran plans to reform its currency rial by removing four zeros from the monetary unit.

The move has been proposed by Central Bank of Iran.

The measure calls for fundamental changes to the national currency, including changing the name of the monetary unit from the official rial to the popularly used "toman."