Iran preparing for denomination

Nərmin Rəhimova
Author

Baku. 7 January. REPORT.AZ/ The Central Bank of Iran has submitted a bill on denomination of rial to the Cabinet of Ministers, Report informs citing foreign media.

After amendments, new IRR 1 will be equal to old IRR 10,000.

Currently, USD 1 makes up IRR 10,000. 

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