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Iran Launches 10mn Rial Banknote, Highest-Ever Denomination Amid Cash Crunch

Banks in Iran started circulating the banknotes this week, worth about $7, as Iranians stood in line to withdraw the currency over fears that ATMs may run out, which many did eventually

11 Articles

Novinky.cz

Lean Left

Iran's Economy Is Collapsing. the Country Has Issued the Highest-Denominated Banknote in History.

Iran has introduced a new 10 million rial (161 crowns) banknote, the highest denomination in Iranian history, to combat a worsening economic crisis. The Financial Times reports that the new note is already in circulation. Iranian ATMs are reportedly facing long queues as citizens fear a breakdown in electronic payment systems.

19 hours ago

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Zero Hedge

Right

Iran Issues 10 Million Rial Banknote Amid Soaring Inflation

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

8 hours ago·United States

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Meduza

Left

Iran Has Issued a Bill of 10 Million Rials, the Largest in the Country's History.

The Central Bank of Iran has issued a banknote of R$10 million, the largest number in the country's history, which is written by the Financial Times.

1 day ago·Riga, Latvia

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charter97.org

Lean Left

Iran Has Introduced a Record-Nominal Note

A banknote of R$10 million came in.

1 day ago

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The Telegraph

Lean Right

Iran issues 10m rial banknote as inflation fears spiral

1 day ago·London, United Kingdom

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Firstpost News

Center

Iran launches 10mn rial banknote, highest-ever denomination amid cash crunch

Banks in Iran started circulating the banknotes this week, worth about $7, as Iranians stood in line to withdraw the currency over fears that ATMs may run out, which many did eventually

2 days ago·Mumbai, India

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