tag Rial Revaluation

Iranian Rial Revaluation Crosses One Hurdle

EghtesadOnline: The Majlis Economic Commission on Wednesday approved the provisions of a monetary bill based on which four zeros will be shaved off the national currency.
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Publish Date:29/February/2020 | 07:13

Hemmati Underscores Need for Rial Revaluation

EghtesadOnline: Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the monetary system and postponing it to the future will not help.
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Publish Date:01/October/2019 | 11:52

Structural Reforms First, Rial Revaluation Later

EghtesadOnline: Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture says lopping off zeros from the national currency will not produce the desired results unless the initiative is intertwined with structural reforms.
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Publish Date:14/August/2019 | 24:05