Sanctions-hit Iran to cut zeros and rename plunging currency

Sanctions-hit Iran to cut zeros and rename plunging currencyThe government in sanctions-hit Iran on Wednesday approved a plan to remove zeros from the rial and rename the currency -- something its people have long been doing to simplify transactions. "The cabinet today agreed on a bill to eliminate four zeros from the currency and that 'toman' will be our national currency," government spokesman Ali Rabiei told reporters in Tehran. The value of the Iranian rial has hit low after record low since last year.




from Yahoo News - Latest News & Headlines https://ift.tt/2GDoSd7

Share:

No comments:

Post a Comment

Site Links

Popular Posts

FOLLOW ON FACEBOOK

More on

FOLLOW ON TWITTER

Blog Archive

Recent Posts

Unordered List

  • Lorem ipsum dolor sit amet, consectetuer adipiscing elit.
  • Aliquam tincidunt mauris eu risus.
  • Vestibulum auctor dapibus neque.

Sample Text

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Pages

Theme Support

Need our help to upload or customize this blogger template? Contact me with details about the theme customization you need.

Popular Posts