Tag: Toman
Iran calls US sanction threat ‘foolish’ and ‘nothing new’
Iranian Foreign Minister Mohammad Zarif dismissed U.S. threats to reimpose all U.N. sanctions if the U.N. Security Council does not extend an arms embargo on the country.
“Making foolish claims by U.S. officials is nothing...
Tehran approves currency change from rial to toman as economy struggles
Iran’s parliament passed legislation to cut four zeros from the rial after a steep drop in the value of the currency, Iranian state media reported on Monday.
The bill paves the way for Iran to...