Rial redenomination possible only after 2019

Rial redenomination possible only after 2019

TEHRAN, Apr. 02 (Press Shia) – Central Bank Governor Valiollah Seif has said dropping few zeros from banknotes will be possible only after 2 years.Mr. Seif said the current budget had not allocated any sum for zero-dropping scheme which had haunted many in the community of economic analysts as the panacea for economic woes and depreciation; “Central Bank has sent a proposal to the government...