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Iran Issues 10 Million Rial Banknote Amid Soaring Inflation
Iran Issues 10 Million Rial Banknote Amid Soaring Inflation
As the Iran war rages, Tehran has rolled out a new 10 million rial banknote, its highest-ever denomination, as authorities seek to "manage" soaring inflation and meet demand for hard cash... but mostly to "manage" soaring inflation, similar to how Venezuela would add a new 0 to its currency every week in the late days of the Maduro ergime before everyone simply gave up.
Banks, which have been targeted on at least one occasion by Western strikes, began distributing the new note...
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Mar 18, 2026 / Tyler Durden
US Crude Stockpile Hits Highest Since June 2024, Exports Surge
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War On Iran: It Is Cheaper To Pay For Hormuz Passage Than To Wage War
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