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Iran To Remove Four Zeros From Currency After Years Of Inflation
Under the plan, 10,000 current rials will be replaced by one new rial.
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Iran to Launch its Digital Rial CBDC into Public Pilot Phase
The Central Bank of Iran (CBI) is spearheading the trial phase for the digital rial. The trial will be implemented June 21. For now, this trial will remain limited to the Kish Island.
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Iran’s CBDC Digital Rial Steps Into Pilot Trial Phase Amid Lack of Infrastructure
Iran is tapping into the blockchain potential and is putting its CBDC Digital Rial into a pilot test phase starting Thursday, September 22. Crypto-Rial has been designed in a way that it is easy to track and even if the data on the smart phones are hacked, the crypto-Rial can be tracked.
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Iran's Rouhani Presents Budget, Says US Sanctions To Affect Lives, Growth
President Hassan Rouhani presented a state budget of 4,700 trillion rials to parliament on Tuesday, saying US sanctions would affect Iranians' lives and economic growth but not bring the government to its knees.
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Iranian Parliament Removes Finance Minister From Office
Iran's parliament sacked the minister of economic affairs and finance on Sunday, state media said, amid a sharp fall in the rial currency and a deterioration in the economic situation.
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Amid Looming US Sanctions, Iran's Rial Hits Record-Low, 100,000 To Dollar
Iran's currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions.
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Iranian Beggar Arrested With Over $3,000 in Cash and More in Bank Accounts
A beggar arrested in Iran on Wednesday had millions of rials (thousands of dollars) in his pockets and a great deal more in two bank accounts, an official said.
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Indian Railways' Fourth Packaged Drinking Water Facility to be Launched in Thane
Indian Railways' fourth state-of-the-art packaged drinking water facility, set up at Ambernath in Thane district, will get operational from today.
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Indian woman flees Oman after 10 million dollar swindle
An Indian woman has allegedly duped a number of Indian investors to the tune of 10 million dollars in Oman and fled the country, according to a report.
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US drone targets Al Qaeda in Yemen, seven killed
Al Qaeda in Yemen was hit by a fresh strike today from a US drone which left seven militants dead, tribal sources said, a day after Washington pulled its diplomats from the country fearing an attack by the jihadists.
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Iran To Remove Four Zeros From Currency After Years Of Inflation
Under the plan, 10,000 current rials will be replaced by one new rial.
-
Iran to Launch its Digital Rial CBDC into Public Pilot Phase
The Central Bank of Iran (CBI) is spearheading the trial phase for the digital rial. The trial will be implemented June 21. For now, this trial will remain limited to the Kish Island.
-
Iran’s CBDC Digital Rial Steps Into Pilot Trial Phase Amid Lack of Infrastructure
Iran is tapping into the blockchain potential and is putting its CBDC Digital Rial into a pilot test phase starting Thursday, September 22. Crypto-Rial has been designed in a way that it is easy to track and even if the data on the smart phones are hacked, the crypto-Rial can be tracked.
-
Iran's Rouhani Presents Budget, Says US Sanctions To Affect Lives, Growth
President Hassan Rouhani presented a state budget of 4,700 trillion rials to parliament on Tuesday, saying US sanctions would affect Iranians' lives and economic growth but not bring the government to its knees.
-
Iranian Parliament Removes Finance Minister From Office
Iran's parliament sacked the minister of economic affairs and finance on Sunday, state media said, amid a sharp fall in the rial currency and a deterioration in the economic situation.
-
Amid Looming US Sanctions, Iran's Rial Hits Record-Low, 100,000 To Dollar
Iran's currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions.
-
Iranian Beggar Arrested With Over $3,000 in Cash and More in Bank Accounts
A beggar arrested in Iran on Wednesday had millions of rials (thousands of dollars) in his pockets and a great deal more in two bank accounts, an official said.
-
Indian Railways' Fourth Packaged Drinking Water Facility to be Launched in Thane
Indian Railways' fourth state-of-the-art packaged drinking water facility, set up at Ambernath in Thane district, will get operational from today.
-
Indian woman flees Oman after 10 million dollar swindle
An Indian woman has allegedly duped a number of Indian investors to the tune of 10 million dollars in Oman and fled the country, according to a report.
-
US drone targets Al Qaeda in Yemen, seven killed
Al Qaeda in Yemen was hit by a fresh strike today from a US drone which left seven militants dead, tribal sources said, a day after Washington pulled its diplomats from the country fearing an attack by the jihadists.
