Baku 11° C
Iran plans to slice off four zeros from national currency
Finance
- 22 December, 2024
- 07:12
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Iranian government submitted a bill to the Parliament on Saturday, proposing the removal of four zeros from the national currency and the conversion of its unit from rial to toman, Report informs via IRNA.
The administration of President Massoud Pezeshkian stated that the goal of the legislation is to reduce the setbacks caused by long-lasting inflation and the decline in the purchasing power of the national currency.
Author
Latest News
00:00
UEFA Nations League: Liechtenstein vs. Azerbaijan match kicks off
Football
23:56
BMW recalls more than 700,000 vehicles over fire risk
Other countries
23:22
AFP: EU approves team for talks with Russia
Other countries
23:13
Bayraktar: First reactor at Akkuyu NPP to become operational soon
Region
23:01
Costa: EU forms united team to take part in Ukraine peace talks
Other countries
22:55
Mukhtar Babayev says productive meetings held at COP31
Foreign policy
22:47
Costa: EU seeks to catch up in global AI race
Other countries
22:37
Armenia and US discuss implementation of TRIPP
Region
22:27
Ruins of previously unknown early Christian church discovered in Dmanisi
Region