Lopping four zeros off a 10,000 rial note and calling it a Toman won't do much to ease Iranian minds. More from CBS News. Comparing the Medicaid cuts in House and Senate "big, beautiful bill" ...

Under pressure from economic sanctions, Iran's currency is tumbling. It has lost about 25 percent of its value in the past week. Two years ago, the rial traded at 10,000 to the dollar. Now, it's ...

On the day it was announced, many celebrating Teheranis waved dollar bills alongside 10,000 rial notes - a sign of their hope that it would return to the level it had last enjoyed prior to the ...

Tehran is planning to cut four zeros from its currency and change its name from the rial to the toman, ... seeking MPs’ approval for the plan to convert 10,000 rials into one toman.

Iran launched plans to switch its currency to the toman in 2021, replacing the rial by removing four zeros in a bid to mask ...

Iran rial plunges to new lows amid unrest ... A U.S. one-dollar bill is seen against four 10000 Iranian rial bills in an exchange shop in Tehran, Iran December 25, 2022 ...

The rial unit of currency, which has lost much of its value against the dollar, will be replaced by the toman, which the government says will be worth 10,000 rials.

Iran is to lop several zeros off its currency as it battles double-digit inflation, Central Bank vice president Hossein Ghazavi said in comments published on Thursday. “A special committee has been ...

TEHRAN, Iran-- The plunge of Iran's currency appears to be slowing as the rial is holding at its rebound level for the third straight day. Iran's rial lost nearly 40 percent of its value against ...

Afp, Tehran. Fri Feb 16, 2018 12:00 AM Last update on: Fri Feb 16, 2018 12:08 AM ...