Core Viewpoint - Iran's official currency will undergo a process to remove four zeros, aimed at addressing inflation and improving the efficiency of the currency system [1][2]. Group 1: Legislative Approval - The Iranian Guardian Council has approved the amendment to the Central Bank Law regarding the removal of four zeros from the official currency, confirming it does not violate Islamic law or the constitution [1]. - A multi-year transition period will be established for the currency reform, during which the Central Bank and other institutions are responsible for informing the public [1]. Group 2: Economic Context - Since the U.S. withdrew from the nuclear deal in 2018, Iran has faced severe sanctions, leading to persistent high inflation and significant economic challenges [2]. - The proposal to remove zeros from the currency has been considered since 1993 but was not implemented due to complex economic and political conditions [2]. - The rapid devaluation of the Iranian rial has rendered it nearly ineffective in fulfilling its basic functions, prompting the need for currency reform [2]. Group 3: Public Sentiment - Many Iranians support the initiative to remove zeros from the currency, citing the simplification of daily transactions and calculations as a major benefit [3]. - Current common banknote denominations are 100,000 rials (approximately $0.1), 500,000 rials, and 1,000,000 rials, leading to confusion and inefficiency in transactions [3].
一举多得,伊朗货币抹掉“4个0”进程将正式启动
Huan Qiu Shi Bao·2025-11-09 22:57