Skip to main content

Sanctions-hit Iran to cut zeros and rename plunging currency

Sanctions-hit Iran to cut zeros and rename plunging currencyThe government in sanctions-hit Iran on Wednesday approved a plan to remove zeros from the rial and rename the currency -- something its people have long been doing to simplify transactions. "The cabinet today agreed on a bill to eliminate four zeros from the currency and that 'toman' will be our national currency," government spokesman Ali Rabiei told reporters in Tehran. The value of the Iranian rial has hit low after record low since last year.




from Yahoo News - Latest News & Headlines https://ift.tt/2GDoSd7

Labels:

Comments

Post a Comment

Popular posts from this blog

advantages of digital marketing

Cost-efficient:  it is a cost efficient technique in comparison to other advertising channels such as radio, TV and more. A well-planned and well-managed  digital marketing promotion  can reach large spectators at a lower cost than the conventional marketing methods.  https://firstheadlines.blogspot.com/ Better experience:  Reach various scenarios by switching to a  digital marketing operation within a small outlay. Be found where your viewers are looking for you. You will observe long term outcomes by using digital marketing. Time saving:  Digital marketing provides real time results . Time is important for all of us.  Digital marketing  gives you an opportunity to see the number of visitors to our site, what is the conversion rate, what is the crest trading time, how many subscribers have added you in a day and more. Social prevalence:  Digital advertising gives you a chance to create  engaging promotion  using diffe...
Post a Comment
Read more