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Iran currency changes: Tehran is trying to get a handle on high inflation
Iran is removing four zeroes from its currency, in an attempt to restore consumer confidence.
The plan is for it to roll out in the next two to three years.
But many Iranians say it’s a symbolic move, unlikely to affect rising inflation or the depreciating rial.
Al Jazeera's Tohid Asadi reports from Tehran.
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#Iran #IranCurrency #Rial #ZeroesRemoval #Inflation #EconomicReform #ConsumerConfidence #CurrencyDepreciation #MonetaryPolicy #PriceStability #AlJazeeraEnglish
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Al Jazeera English
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