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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 13, 2026 / Tyler Durden
In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India's Request
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Mar 18, 2026 / Tyler Durden
Did US Intel Agencies Hide Chinese Interference In 2020 Election From 'Vulgarian' Trump?
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Feb 24, 2026 / Tyler Durden
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
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