national currency


  • Rial 2019-01-08 20:32

    By Haniyeh Sadat Jafariyeh

    Currency reconversion not a turning point in economic reformation

    One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary policies, moving forward toward which the Rouhani administration put forward the plan to shift the national currency from Rial to Toman earlier in December 2016 by eliminating specific number of zeroes.

  • cut zeroes 2019-01-06 20:27

    Draft bill prepared to cut zeroes from national currency

    TEHRAN – The Central Bank of Iran (CBI) submitted the draft of a bill to slash four zeroes from the national currency, rial, to the cabinet, Tasnim news agency quoted the governor of the CBI as saying on Sunday.

  • Abdolnaser Hemmati 2018-12-08 22:30

    ‘Strengthening rial, supplying working capital top priorities of banks’

    TEHRAN- In his periodical meeting with directors from state-run and private Iranian banks, the governor of the Central Bank of Iran (CBI) called for the banks to have strengthening the national currency and supplying the working capital of production units while granting facilities among their top priorities, IRIB reported on Saturday.

  • Riza Hakan Tekin 2018-07-16 11:47

    By Marjan Golpira

    Countries should not rely on U.S. dollars for trade: Turkish ambassador

    TEHRAN - The Turkish envoy to Iran suggests displacement of dollars in international trade may protect states’ national interests.

  • Nobakht 2018-06-26 19:06

    Govt. aims to strengthen national currency

    TEHRAN- Government spokesman Mohammad Baqer Nobakht on Tuesday said that the government’s main target is increasing the value of national currency, rial, however, the job will not be fulfilled without the support of the Iranian nation.