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Originally published by Capital Business
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business
October 5, 2025
9h ago

Iran’s parliament approves slashing 4 zeros from national currency

Iran’s parliament approves slashing 4 zeros from national currency

TEHRAN, Oct. 5 (Xinhua) -- Iranian lawmakers on Sunday approved a bill to remove four zeros from Iran's national currency, the rial, the official news Kenya breaking news | Kenya news today |..

✨ Key Highlights

In a significant move to streamline financial transactions, Iran's parliament has approved a bill to remove four zeros from the country's national currency, the rial.

  • The bill passed with 144 votes in favor, 108 against, and three abstentions.
  • The plan still requires approval from Iran's Constitutional Council.
  • Following the removal, one rial would be equivalent to 10,000 at its current value and subdivided into 100 gherans.

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