Iran's retreat from its plan to delete the zeros from the national currency
April 16 / April 2015
In the midst of the ongoing developments in the western Iranian negotiations on nuclear program, Iran abandoned its plan to delete the zeros from the national currency.
Exchangers: in the midst of the ongoing developments in the western Iranian negotiations on nuclear program, Iran abandoned its plan to delete the zeros from the national currency.
Agency Tasneem Iranian news agency reported that the members of the Economic Committee of the Iranian parliament held a meeting Monday with Iran's central bank officials in the bank's headquarters, during which he addressed the economic policies of the bank and financial agreements with some countries.
One of the members of the Economic Committee of the Iranian parliament, Abdul-Karim Rugby He explained that the committee members discussed several files with central bank officials, including the deletion of zeros from the national currency (rial) and the unification of foreign exchange rate (US dollar) in the local markets.
The Iranian official added that the governor of Iran's central bank has said the bank abandon a plan to delete the zeros from the national currency, without giving further clarifications in this regard.
Iran had announced last year a plan to delete the zeros from the national currency, following the deterioration of the value of the currency against the dollar, after the imposition of new sanctions on Iran's central bank.
The abandonment of the Iranian central bank for deletion of zeros from the national currency plan, only the last days of the nuclear deal between Tehran and the six countries on its nuclear program after, which opens the way for the rise of the national currency and the recovery again.
As pointed out by the Economic Commission parliamentary that Iran's central bank is currently working to resolve the agreements and alliances financial with five countries, including Iraq, Turkey and the Sultanate of Oman, referring to the recent visit of Turkish President Recep Tayyip Erdogan to Tehran, where he stressed the need to speed up the application process.
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April 16 / April 2015
In the midst of the ongoing developments in the western Iranian negotiations on nuclear program, Iran abandoned its plan to delete the zeros from the national currency.
Exchangers: in the midst of the ongoing developments in the western Iranian negotiations on nuclear program, Iran abandoned its plan to delete the zeros from the national currency.
Agency Tasneem Iranian news agency reported that the members of the Economic Committee of the Iranian parliament held a meeting Monday with Iran's central bank officials in the bank's headquarters, during which he addressed the economic policies of the bank and financial agreements with some countries.
One of the members of the Economic Committee of the Iranian parliament, Abdul-Karim Rugby He explained that the committee members discussed several files with central bank officials, including the deletion of zeros from the national currency (rial) and the unification of foreign exchange rate (US dollar) in the local markets.
The Iranian official added that the governor of Iran's central bank has said the bank abandon a plan to delete the zeros from the national currency, without giving further clarifications in this regard.
Iran had announced last year a plan to delete the zeros from the national currency, following the deterioration of the value of the currency against the dollar, after the imposition of new sanctions on Iran's central bank.
The abandonment of the Iranian central bank for deletion of zeros from the national currency plan, only the last days of the nuclear deal between Tehran and the six countries on its nuclear program after, which opens the way for the rise of the national currency and the recovery again.
As pointed out by the Economic Commission parliamentary that Iran's central bank is currently working to resolve the agreements and alliances financial with five countries, including Iraq, Turkey and the Sultanate of Oman, referring to the recent visit of Turkish President Recep Tayyip Erdogan to Tehran, where he stressed the need to speed up the application process.
[You must be registered and logged in to see this link.]