Iran will remove four zeros from its rial banknotes next year, officially adopting the toman as its currency unit, the ...

Iran's Central Bank has revealed images of the new IRR2mn (200,000 toman) banknote featuring enhanced security features, Fars cited a bank announcement on March 13. The new Iran Cheque note ...

BAKU, Azerbaijan, May 12.​ Iran's national currency, the rial, will undergo redenomination during the current Iranian year ...

Many young, educated people are leaving the country, exacerbating a brain drain that threatens Iran's long-term development. ...

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 ...

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 ...