Iran’s central bank launches poll on changing name of national currency

Iran’s central bank launches poll on changing name of national currency
# 25 July 2011 10:52 (UTC +04:00)
Visitors to the bank’s website can choose from several names, including rial — the current name — toman, parsi and derik.

In the online survey, the bank also asks respondents how many zeros should be removed from the currency. The government has proposed lopping off four zeros. The biggest Iranian banknote is 100,000 rials, which is equivalent to around 9 dollars.

The poll results will be taken into consideration when the government draws up a draft on changes to the currency. The proposal will be submitted to parliament.

Iran’s government has approved removing zeros from the currency, apparently as a result of inflation, which is officially about 14 percent.
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THE OPERATION IS BEING PERFORMED