Iran at least two years away from revaluing rial as toman
07 04, 2017 08:22 Category: Middle East
According to a Financial Tribune article dated 3 April 2017, Valiollah Seif, the governor of the Central Bank of Iran, said the CBI has sent a bill to the government requesting the removal of a zero from the currency to reflect the public's use of the term "toman" to refer to 10 rials. Any revaluation must wait until inflation has stabilized.
Courtesy of Rok Jarc.
Courtesy of Rok Jarc.
