Core Viewpoint - Iran's parliament has approved a comprehensive reform of its currency system, which will involve removing four zeros from the national currency's face value over the next few years to simplify transactions after years of inflation [1][2]. Group 1: Currency Reform Details - The reform plan was approved after resolving objections from the Constitutional Guardian Council, with the central bank given two years to prepare for the changes, followed by a three-year transition period during which both old and new denominations will be in circulation [2]. - The currency will still be called the rial, and the reform aims to make the rial more practical for transactions and calculations, as high inflation has severely diminished the utility of banknotes [2]. Group 2: Economic Context and Reactions - The move comes amid high inflation, with several countries having attempted similar measures by removing zeros from their currencies as a countermeasure; for instance, Venezuela has undergone multiple rounds of currency reform but continues to face high inflation [2]. - Some officials, like MP Hossein Samsami, argue that merely removing zeros will not restore the currency's reputation, emphasizing that enhancing the actual value of the currency is necessary for true recovery [2].
伊朗货币,将抹掉四个零
Sou Hu Cai Jing·2025-10-06 01:50