Core Points - Iran's Constitutional Guardian Council has approved a currency denomination adjustment plan aimed at removing the last four zeros from the Iranian currency over the next five years [1] - The new currency unit will still be the "rial," with a conversion rate of 1 new rial to 10,000 old rials [1] - The Central Bank of Iran will implement the currency adjustment in two phases: the first phase will last two years for preparation, and the second phase will last three years for the coexistence of old and new rials [1] Group 1 - The currency reform is seen as a structural and symbolic change, which is not expected to alter the actual value of the currency or directly impact inflation [1] - The adjustment aims to improve market and public confidence through enhanced psychological, calculation, and transaction transparency [1] - The Iranian rial has become impractical for daily transactions due to long-term currency depreciation, remaining only in accounting documents [2]
伊朗将在五年内完成货币改革 删除面值末四个零
Xin Hua Wang·2025-11-10 05:32