Iran launched plans to switch its currency to the toman in 2021, replacing the rial by removing four zeros in a bid to mask inflation. But the plan stalled. The government is now hoping to revive ...
On Monday, the U.S. dollar exchange rate in Iran's market climbed to the 93,000-toman range, while the price of a single gold coin exceeded 75.5 million tomans.
When President Masoud Pezeshkian came into office last summer, the Iranian toman was trading at approximately 58,000 against the US dollar. It has now lost nearly half its value, to over 92,000 ...
The issue is more significant than a mere humanitarian concern since it is intertwined with the policy on Iran in general and the attitude towards the opposition in particular. Two other French ...
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