...

Most Iranians agree with currency change

Business Materials 19 July 2011 16:48

Azerbaijan, Baku, July 19 /Trend/

In a recent survey by the Central Bank of Iran, 99 percent agreed to remove one to four zeros from the national currency , Deputy Chief of the Central Bank of Iran (CBI) Hossein Ghazavi said.

"According to a survey visited by 51,000 on the CBI website, more than 66 percent agreed to remove four zeros," he said.

Thirty-three percent agreed on the instant replacement of the currency with a new one and 66 percent agreed that the two currencies should run together temporarily.

The Iranian government will submit a proposal to remove four zeros from the national currency to parliament after further reviews in the government.

By approving the proposal in parliament, the Guardian Council is starting to review the executive process of reforming the national currency.

Latest

Latest