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Value of Iranian Rial has increased by 40 percent: CBI Governor
Aug 24, 2019 07:26The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati, has emphasized that the value of Iran's currency, the Rial, has increased by 40 percent in the past eight months.
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Bill on Redenomination of the Rial Approved in Cabinet Meeting
Jul 31, 2019 13:26The Iranian government has approved a bill to re-calibrate the country's currency, the Rial. The cabinet has approved the process of changing the face value of Rial banknotes, and changing the currency from Rial to Toman.
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Hemmati: CBI to cut four zeros off the Rial, revaluing the national currency
Jan 06, 2019 15:38Iran's central banks is looking for cutting four zeros off of Iranian currency, banking system reforms and controlling exchange market.
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Iranian parliament holds closed-door session on economy
Oct 03, 2018 09:30Iran's parliament held a closed-door session on Wednesday to discuss the country’s economic situation as the Iranian currency, Rial, is bouncing back against US dollar.