Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55312302
Caption:

A picture taken on September 30, 2012 shows an Iranian woman paying with a 20000 rial banknote, bearing a portrait of Iran’s late founder of islamic Republic Ayatollah Ruhollah Khomeini, to a grocer in the Iranian capital Tehran. (AFP Photo/Atta Kenare)

Iran postpones currency redenomination

by Asharq Al-Awsat | Jan 13, 2014 | Business

London, Asharq Al-Awsat—An Iranian central bank official says that Iran has once again delayed plans to revalue the Iranian riyal by eliminating some zeros from the country’s currency, although the option remains on the table. “The issue will be included in the...

Media ID: 55308935
Caption:

A picture taken on September 30, 2012, shows an Iranian woman paying with an IRR 20,000 bill bearing a portrait of the late founder of the Islamic Republic of Iran, Ayatollah Ruhollah Khomeini. (AFP PHOTO/ATTA KENARE)

Iranian currency reform hits healthcare system

by Asharq Al-Awsat | Jul 9, 2013 | Business

London, Asharq Al-Awsat—Attempts by the Iranian government to reverse the collapsing value of the Iranian rial have led to serious impacts on the national healthcare system, leaving many Iranians struggling to pay for medicines in the wake of reforms to Iran’s subsidy...