{"id":51237,"date":"2025-10-06T08:46:31","date_gmt":"2025-10-06T08:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51237"},"modified":"2025-10-06T08:46:31","modified_gmt":"2025-10-06T08:46:31","slug":"iran-plans-to-drop-zeros-from-its-inflation-hit-currency-as-bitcoin-hits-record-highs-is-apex-crypto-the-medicine-or-just-a-fools-gold","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51237","title":{"rendered":"Iran Plans To Drop Zeros From Its Inflation-Hit Currency As Bitcoin Hits Record Highs \u2014 Is Apex Crypto The Medicine Or Just A Fool’s Gold?"},"content":{"rendered":"
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Iran approved a monetary overhaul Sunday to remove four zeros from the nation\u2019s currency following years of high inflation.<\/p>\n

Iranian Rial Undergoes Redenomination<\/h2>\n

The Iranian Parliament sanctioned a monetary reform that will phase out four zeros from the country\u2019s\u00a0national currency, the Iranian Rial, over the next\u00a0few years, according to a Reuters report. Under the plan, 10,000 rials will be replaced by one new rial.<\/p>\n

The bill has been under consideration for several years. Inflation rates exceeding 35% annually have significantly devalued Iran\u2019s currency, causing the exchange rate to plummet sharply against the\u00a0dollar on the free market, Reuters said, citing data <\/a>from currency tracker bonbast.com. <\/p>\n

While redenomination creates a new currency with a smaller monetary scale, the purchasing power of the currency remains unchanged.<\/p>\n

See Also:<\/strong> <\/strong><\/a>Anthony Pompliano Says Stocks Are Not \u2018Productive Enough\u2019 If They Get Beaten By Bitcoin And Gold: BTC Is The …<\/a><\/strong><\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Iran approved a monetary overhaul Sunday to remove four zeros from the nation\u2019s currency following years of high inflation. Iranian Rial Undergoes Redenomination The Iranian Parliament sanctioned a monetary reform that will phase out four zeros from the country\u2019s\u00a0national currency, the Iranian Rial, over the next\u00a0few years, according to a Reuters report. Under the plan, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51237","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51237"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51237\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}