Rial Revaluation
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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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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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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…