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Crypto-Rial Launch in Sept: CBI Chief

Crypto-Rial Launch in Sept: CBI Chief
Crypto-Rial Launch in Sept: CBI Chief

The Central Bank of Iran plans to launch its digital currency project, known as the crypto-rial by the end of the summer.
Governor Ali Salehabadi made the announcement at the opening ceremony of the 29th Annual Monetary and Banking Conference in Tehran.
He also announced plans for issuing forex bonds in the coming days. "Forex bonds are innovative tool…The principal and interest will be paid in foreign currency," the CBI website quoted him as saying.

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