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Toman or rial: Can currency reform stop inflation in Iran?

Deutsche Welle on Deutsche Welle

Toman or rial: Can currency reform stop inflation in Iran?

Iran launched plans to switch its currency to the toman in 2021, replacing the rial by removing four zeros in a bid to mask inflation. But the plan stalled. The government is now hoping to revive the effort.

Source link : https://www.dw.com/en/toman-or-rial-can-currency-reform-stop-inflation-in-iran/a-71470010?maca=en-rss-en-all-1573-rdf

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Publish date : 2025-01-31 13:19:00

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Tags : Deutsche Welle

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