North Korean support for Iran during the Iran–Iraq War many as 158 air strikes over a three-day period in March. It hit nearly 30 towns and cities, and struck as deep as Tehran. Iran responded to these strikes on March 12 and 14 by launching its first Scud B strikes against Iraqi cities, using what seem to have been Libyan supplied missiles, although they may have come from Syria and other deliveries came later from the PRC and/or North Korea. North Korean support for Iran during the Iran–Iraq War North Korea supported Iran during the Iran–Iraq War for oil and foreign exchange by selling both domestically produced arms to
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