Iran's president, Hassan Rohani, wants to delete four zeros from the national currency, the Rial and rename it the "Toman."
Iran is planning to remove four zeroes from its national currency, the rial, as the country struggles with soaring inflation. The oil-rich nation's economy has been hit hard by unilateral sanctions imposed by the US.
The US move to reimpose sanctions on Iran and choke off the last remaining sources of Tehran's oil revenue has crippled the Iranian economy. For many ordinary Iranians, it's becoming increasingly hard to get by.
German Foreign Minister Heiko Maas has arrived in Iran, looking for "constructive ways" to save the 2015 nuclear deal. DW takes a look at the timing of his visit, the various actors involved and their goals.
The EU has created a mechanism that will allow European countries to trade with Iran despite US sanctions. The move is an attempt to show good will toward Iran and keep it in the 2015 nuclear deal.
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