Iran slashes four zeros from its currency amid soaring inflation worsened by US-E3 sanctions
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Iran's parliament approved a plan to remove four digits from the currency, the Iranian Rial, last week in an attempt to combat inflation amid sanctions on the Islamic Republic, Iran's official news agency IRNA confirmed.According to Tehran's plan, the Central Bank of Iran will implement the changes to the currency's value over the next five years, consisting of two years of "preparation" and three years of "implementation," IRNA clarified on Friday.This will result in both values of the
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