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Iran's economic committee OKs plan to remove four zeros from its currency, the rial, amid economic struggles.
Iran's parliamentary economic commission has approved a plan to remove four zeros from the country's currency, the rial, to simplify financial transactions.
This move responds to Iran’s struggling economy, marked by high inflation and a devalued currency due to US sanctions.
The proposal must still pass a parliamentary vote and receive approval from the Guardian Council before implementation.
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El comité económico de Irán aprobó un plan para eliminar cuatro ceros de su moneda, el rial, en medio de las dificultades económicas.