Iran to switch currency from rial to toman
Iran is preparing to switch its national currency from the rial to the toman - a move that could boost the value of the country’s national currency against the US dollar./ Iran is gearing to switch its national currency back to the toman – a move that would end the rein of the rial after around 90 years and also could boost the value of the country’s national currency against the US dollar. The administration of President Hassan Rouhani in a cabinet meeting on Wednesday approved the switch, as reported by the domestic media. The plan still ...
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