The administration of Iran's President Hassan Rouhani approved a bill to switch Iran's national currency from rial to toman, the secretary of the Cabinet Mohsen Haji Mirzaei said.
According to him, the issue had been scrutinized in the government’s economic commission during the past six months.
Mirzaei added the move aims to facilitate the transactions by the public, IRNA reported.
Haji Mirzaei added that one toman would be worth 10 rials and switching to the toman means that a zero would be removed from price figures.
