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Toman or rial: Can currency reform stop inflation in Iran?
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. Now, the government is hoping to revive ...
Al-Monitor7y
Six factors driving Iran’s sudden currency devaluation
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Voice of America27d
VOA Persian: Iranian retirees protest in 8 cities
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.
Al-Monitor4y
Iran's Cabinet votes to change national currency
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...