Revaluation

Iranian Rial Revaluation Crosses One Hurdle
2020/02/19 10:41
EghtesadOnline: The Majlis Economic Commission on Wednesday approved the provisions of a monetary bill based on which four zeros will be shaved off the national currency.
Banks Face Limits in Boosting Capital
2019/11/09 16:48
EghtesadOnline: Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior banking official said.
Hemmati Underscores Need for Rial Revaluation
2019/10/01 15:22
EghtesadOnline: Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the monetary system and postponing it to the future will not help.
Structural Reforms First, Rial Revaluation Later
2019/08/14 16:35
EghtesadOnline: Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture says lopping off zeros from the national currency will not produce the desired results unless the initiative is intertwined with structural reforms.
Iran: Rial Revaluation Issue Returns
2019/08/04 17:38
EghtesadOnline: The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the popularly used toman.