EghtesadOnline: The Central Bank of Iran Sunday unveiled a new 50,000-rial banknote with higher security features and four zeroes having a light hue.

EghtesadOnline: The Central Bank of Iran circulated a new 100,000-rial banknote with four zeroes having a light color signifying the CBI's plan to remove four zeros from the national currency.

EghtesadOnline: Bank-affiliated exchange bureaux are required to cut the cost on money transfers in order to facilitate currency deals in banknote and hawala, the Central Bank of Iran reported on its website.