**Iran Introduces 10 Million Rial Banknote Amid Economic Uncertainty** Iran has launched a new 10 million rial banknote, worth approximately $230 at the current exchange rate, in an effort to meet growing demand for cash amidst the ongoing war in Ukraine and economic uncertainty. The move comes as Iran's rial has depreciated significantly against the US dollar, with the exchange rate fluctuating wildly in recent months. According to the Central Bank of Iran, the new banknote was introduced on April 1, 2022, as part of a broader effort to stabilize the country's economy. The banknote features a portrait of Ayatollah Seyyed Ali Khamenei, the Supreme Leader of Iran, and is designed to facilitate transactions in a country where cash is still widely used. The introduction of the new banknote is part of a larger effort to increase the supply of cash in circulation, which has been depleted due to a combination of factors, including inflation and a decline in the value of the rial. The launch of the new banknote was announced by the Central Bank of Iran in a statement, which noted that the move was intended to "facilitate the public's access to cash" and to "reduce the difficulties faced by citizens in using cash for transactions." The statement also emphasized the bank's commitment to maintaining the stability of the financial system and to ensuring the continued availability of cash to the public. The introduction of the new banknote has been welcomed by some Iranians, who have been struggling to access cash in recent months. "This is a positive step by the Central Bank of Iran," said one Tehran resident, who wished to remain anonymous. "It will help us to get by and make purchases more easily." However, others have expressed concerns about the potential impact of the new banknote on inflation and the value of the rial. Iran's economy has been under strain in recent months, with the country facing a range of challenges, including US sanctions, a decline in oil exports, and a sharp increase in inflation. The war in Ukraine has also had a significant impact on Iran's economy, with the country's oil exports being affected by the conflict and the resulting sanctions. The introduction of the new banknote is part of a broader effort by the Iranian government to stabilize the economy and to reduce the impact of these challenges on the country's citizens.