The governor of the Central Bank of Iran, Tahmasb Mazaheri, told state-run radio that three options are under consideration: Cutting three zeros off the rial, cutting four zeros, or boosting each rial's value to one-hundredth of a gram of gold, or about 2,500 rials at current rates.
"We are studying all these three options," Mazaheri said on state-run radio.
As per usual for most rapid inflation countries, there was no discussion of stopping the ultimate cause of the inflation, the money printing.
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