Domestic Politics

Supreme Leader denies systemic corruption in Iran

Supreme Leader denies systemic corruption in Iran

Iran’s Supreme Leader Ali Khamenei denied any systematic corruption in Iran in a speech on Wednesday amid days of union protests and after a harsh critique of Tehran by US President Donald Trump this month.

Iran to slash four zeros from currency in 2025, chief banker says

Iran to slash four zeros from currency in 2025, chief banker says

Iran will implement a long-delayed redenomination of its national currency this year, Central Bank Governor Mohammad Reza Farzin said on Monday, reviving a plan to strike four zeros from the rial and formally replace it with the toman in a bid to simplify transactions.