Iran: new 200,000 Toman banknote released ...Iraq

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Iran: new 200,000 Toman banknote released

Shafaq News/ Iran's Central Bank announced on Friday the release of a newseries of banknotes with a face value of 200,000 Toman (1.9 USD current price).

According to the bank, the new design featuresan image of the Mosque of Ruhollah Khomeini in Isfahan on the front, while theback displays a painting of "Chogan" by the artist MahmoudFarshchian.

    This announcement comes as Iran faces anunprecedented wave of popular protests, fueled by worsening economic conditionsand the collapse of the national currency, which has reached record lows.

    The US dollar has surged to 95,300 Toman, and the price of a gold bullioncoin has surpassed 79 million Toman.

    Thedecline in currency value follows recent remarks by Supreme Leader AliKhamenei, who reiterated his rejection of negotiations with the United States,further escalating uncertainty in the markets. 

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