Friday, March 14, 2025

Iran issues new 200,000 toman banknote

Iran issues new 200,000 toman banknote

link

 



The Central Bank of Iran issued a new series of 200,000 toman banknotes on Friday.

The video for this My FX Buddies blogpost is below here:

According to the Central Bank, the new design features a check featuring an image of the Ruhollah Khomeini Mosque in Isfahan, while the reverse features a painting by Mahmoud Farshchian called Choghan.

Iran is witnessing an unprecedented surge in popular protests, with the economic situation worsening and the national currency collapsing to record lows. The US dollar has reached 95,300 tomans, while the price of a gold bar has exceeded 79 million tomans.

This decline in the currency's value follows statements by Iranian Supreme Leader Ali Khamenei, in which he reiterated his rejection of negotiations with the United States, leading to heightened uncertainty in the markets.




But wait there's more...


Buy Me a Coffee



No comments:

Post a Comment