Article: “Iranian Parliament approves the deletion of the 4 zeros from the national currency“. It’s about the Iranian parliament…This isn’t the first time we’ve heard this. Quote: “Converting 10,000 old rials to 1 new rial to simplify transactions amid hyperinflation and sanctions because it’s 900,000 rials to the dollar.” 900,000. Iraqi dinar is 1310. This isn’t Iraq’s path, but it shows regional currency reforms and efforts. Iraq is a totally different story. It has completely different circumstances. Definitely don’t compare the two like being one…Iran’s move addresses devaluation without a full revaluation. Iraq has 8% inflation in the first half of 2025 which is historically low…
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