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2019, Central Bank of Iran, Coin Articles, Columns, Iranian Banknotes, iranian rial, iranian tomans, paper money, World Coins

Iran: Government approves plans to re-denominate rial currency and transition to new name of toman

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The government of the Islamic Republic of Iran has voted (31st July) to approve a plan which will see the beleaguered currency have four digits removed from its monetary structure. Currently, the Iranian rial trades in markets at 120,000 to one U

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