Iran toman
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Currency Change Requires Majlis OK
EghtesadOnline: The Central Bank of Iran on Tuesday announced that the government’s proposal for changing the currency unit needs to be passed by the parliament.
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Iranian cabinet approves bill to switch currency from rial to toman
EghtesadOnline: The administration of President Hassan Rouhani in a cabinet meeting on Sunday approved a bill to switch Iran's national currency from rial to toman, an official said on Monday.
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Lawmaker Warns of Currency Change Cost
EghtesadOnline: Changing Iran’s official monetary unit from rial to toman would cost a hefty 30 trillion rials ($922.7 million), announced the head of Majlis Economic Commission.
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Higher-Denominations Bills a Possibility
EghtesadOnline: With the impending implementation of the plan to switch the Iranian monetary unit from rial to toman, the Central Bank of Iran may issue banknotes with higher denominations, the…
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Nobakht: Shifting in national currency serves to facilitate exchanges
EghtesadOnline: Vice President and Head of Planning and Budget Organization Mohammad Baqer Nobakht said that shifting Iran's national currency from rial to toman serves the objective of facilitating…