toman
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Rial Redenomination Undecided
EghtesadOnline: Lawmakers are studying a proposal by the government and the Central Bank of Iran to slash four zeros off the national currency and switch the national currency from the rial to…
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Law Replaces Rial With Toman
EghtesadOnline: The Majlis passed a bill Monday to change the monetary unit from rail to the popularly used ‘toman’.
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Hemmati Supports Toman Against Rial
EghtesadOnline: Governor of the Central Bank of Iran says lopping off four zeros from the national currency will not impose additional costs on the government regarding printing banknotes.
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Iran: Rial Revaluation Issue Returns
EghtesadOnline: The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the…