Event Brief
Feb 23, 2026 at 7:07 AM ET
CBI Board Approves Draft Bylaw for Redenomination
By The BriefBrief
The Central Bank of Iran has approved a draft bylaw to remove four zeros from the national currency.
WHO: High Council of the Central Bank of Iran
WHAT: Approved a draft executive bylaw for redenomination
WHEN: Feb 23, 2026 at 6:44 AM ET
WHERE: Tehran
WHY: To implement the law for removing four zeros from the currency
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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