bne IntelliNews on MSN
Iran to phase out old rial by 2030 in four-zero redenomination
By bnm Tehran bureau Iran's central bank (CBI) has moved the country's long-delayed currency redenomination into its ...
Iran currency collapse explained: Iran's currency has hit a historic low, with $735 now worth over 1.2 billion rials. This dramatic collapse, fueled by sanctions, falling oil revenues, and soaring ...
Iran’s rial has entered a period of extreme depreciation in 2026, with inflation eroding household savings and tightening pressure on daily life. Sanctions, ...
With the rial plunging, middle-class savers are bypassing local banks to move billions into the domestic crypto ecosystem.
FSU’s Iranian community expresses concern for family in Iran and rallies on campus in solidarity with ongoing protests.
TEHRAN, Iran (AP) — Iran’s rial slid further Monday to a new record low of more than 1.3 million to the U.S. dollar, deepening the currency’s collapse less than two weeks after it first breached the 1 ...
The Iranian economy is currently facing serious structural issues, marked by a growing gap between household earnings and the ...
TEHRAN, Iran (AP) — Iran’s rial slid further Monday to a new record low of more than 1.3 million to the U.S. dollar, deepening the currency’s collapse less than two weeks after it first breached the 1 ...
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