Iran at least two years away from revaluing rial as toman

According to a Financial Tribune article dated 3 April 2017, Valiollah Seif, the governor of the Central Bank of Iran, said the CBI has sent a bill to the government requesting the removal of a zero from the currency to reflect the public’s use of the term “toman” to refer to 10 rials. Any revaluation must wait until inflation has stabilized.

Courtesy of Rok Jarc.

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