|
WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebIranian Monetary UnitDescription:The Iranian Monetary Unit refers to the currency used in Iran. The official currency of Iran is the Iranian Rial (IRR), which is commonly represented by the symbol "﷼". The currency is managed by the Central Bank of Iran. The Iranian Monetary Unit is used for various economic transactions and monetary exchanges within the country. Senses and Usages:1. Currency:In its primary sense, the Iranian Monetary Unit refers to the official currency of Iran, the Iranian Rial. The currency is divided into subunits such as the sub-rial (dinars) and smaller denominations called "Rials". Example Sentence: The exchange rate for the Iranian Monetary Unit has been relatively stable recently. 2. Median Currency:In a broader sense, the term Iranian Monetary Unit can be used to describe the general currency used by the people of Iran. It includes all forms of physical currency, banknotes, and coins that circulate within the country. Example Sentence: The economic crisis led to high inflation, causing the value of the Iranian Monetary Unit to decline significantly. 3. Iranian Monetary Policies:Beyond its physical representation, the Iranian Monetary Unit can also refer to the set of policies and regulations implemented by the Central Bank of Iran to control and manage the Iranian currency. These policies influence the country's monetary supply, interest rates, and exchange rate. Example Sentence: The government's decision to tighten controls on the Iranian Monetary Unit resulted in a decrease in imports. Related Products: | ||||
irani iranian-backed iranian-born iranian-syrian-hezbollah iranian iranian capital iranian dinar iranian language iranian monetary unit iranian rial iranians iranica iraq-induced iraq iraq war iraqes iraqi
|