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Iran launches 10 million rial note, its biggest ever denomination, amid war
short by Arshiya Chopra / on Saturday, 21 March, 2026
Iran is rolling out a new 10 million rial banknote, its biggest-ever denomination, as authorities seek to manage spiralling inflation and meet demand for cash during the war, Financial Times reported. The banknote is worth about $7.6 and ₹712. In February, Iran had launched 5 million rial banknotes.
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