World

The Rial File Stays Dormant

TL;DR

Tuesday has no named rial bulletin. Oil approaching 100 without clearing it is a price, not a redenomination. Print dormant.

MSM Perspective

Reuters asked why crude is not above 100. That file is not a rial law. Tuesday does not invent a four-zero cut.

X Perspective

Feeds treat a quiet currency desk as already a new rial.

Tuesday has no named rial bulletin in fetched copy. Oil approaching 100 without clearing it is a price, not a redenomination. [1] Print dormant. Do not invent a four-zero cut. Do not invent a new note.

Leave a named rial print to the edition that owns a named rial print. A quiet Tehran desk is not a statute. Print dormant. Print not a recut.

Print dormant. Tuesday is not a rial recut. Approaching 100 is still a price. Leave a named redenomination to the edition that owns one. Print dormant as the named Tuesday hold. Pezeshkian's name on this slug is still not a redenomination. Print dormant as Tuesday's named rial hold. A Reuters oil question is still not a currency law.

Oil near 100 fills state coffers in theory while the rial bleeds on the street. Theory and street rarely meet. Tuesday's Tehran desk holds no new bulletin.

Coffers fill in theory; streets bleed in practice. Tuesday holds both truths. Bulletins change neither.

Neither theory nor street changed; Tuesday's rial stays dormant. Oil near 100 is still not a currency law. Tehran issued no bulletin.

No redenomination bulletin left Tehran on Tuesday. Four zeros have not been cut from the rial. A president's surname does not mint currency. Street rates and oil theory have not been reconciled in a statute.
Four zeros have not been cut. Tuesday issued no redenomination law. Oil approaching 100 is not a currency statute.

Tuesday issued no redenomination law. Oil short of 100 is not a currency statute. Four zeros have not been cut.

Tuesday's Pezeshkian file issued no redenomination law. Four zeros stay on the notes. Crude short of 100 does not cut zeros.

-- KATYA VOLKOV, Moscow

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