Khaberni - The Iranian Central Bank will start implementing the law "Amendment of Paragraph 'A' of Article (58) of the Constitution of Iran", concerning the removal of 4 zeros from the Iranian Rial currency on Saturday, November 22/November.
Iranian President Masoud Pezeshkian informed the Central Bank to execute the law "Amendment of Paragraph 'A' of Article (58) of the Central Bank of Iran Law", regarding the removal of four zeros from the national currency, which was approved by the Islamic Consultative Assembly in a public session on Sunday, November 2/November 2025, and was endorsed by the Guardian Council Constitution on November 5/November 2025, according to an official statement released by Fars Agency.
According to this amendment, the Iranian Central Bank is responsible for determining the exchange rate, but it must also consider the legal obligations of the country and the amount of foreign currency reserves.
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This amendment was also approved by the Expediency Discernment Council. The Guardian Council Constitution did not consider it contrary to Islamic Sharia and the Constitution, thus, the removal of four zeros from the national currency (rial) was permitted.
The amended text emphasizes that the announcement of the exchange rate must be "within the framework of the prevailing monetary system (with consideration of Article 44 of the Central Bank Law)".
