Iran Khodro to many countries. Iran Khodro Iran Khodro (), branded as IKCO, is an Iranian automaker headquartered in Tehran. The company's original name was Iran National (). IKCO was founded in 1962 and it produced 688,000 passenger cars in 2009. IKCO manufactures vehicles, including Samand, Peugeot and Renault cars, and trucks, minibuses and buses. The word "khodro" () means "automobile" in Persian, hence Iran Khodro means "Iran Automobile". Iran Khodro was founded by Ahmad Khayami, with registered in the capital of 100,000,000 Rls, on August 29, 1962 Aliakbar Khayami, Ahmad Khayami, Mahmoud Khayami, Marzieh Khayami and Zahra Seyedy Dashty, in Ekbatan
Central Bank of Iran In 1890 it introduced the first bank notes in Iran, ranging from 1 to 1,000 tomans. The bank did not do much to strengthen the Iranian capital formation or support then-currency of Iran, qiran. The first state-owned Iranian bank, Bank Melli Iran was established in 1927 by the government of Iran. On 30 May 1930, it took the responsibility to function as Iran's central bank, and took the rights of the Imperial Bank for £200,000, while it acted as a commercial bank at the same time. The bank's primary objective was to facilitate government's financial transactions and to print and