Iran ditches USD in trade with Russia, Turkey: official

Source: Xinhua| 2019-09-26 04:19:15|Editor: yan
Video PlayerClose

TEHRAN, Sept. 25 (Xinhua) -- Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced Wednesday that Iran uses national currencies and euro in the bilateral trade with Russia and Turkey, Tasnim news agency reported.

Hemmati said that Iran currently does not use U.S. dollar in its trade with Russia and Turkey, and "this trend is gradually removing the U.S. dollar from (Iran's) trade cycle."

"Many countries are now willing to trade with their national currencies so that the United States could not monitor their trade," he was quoted as saying.

The CBI chief also referred to President Hassan Rouhani's meeting with his Russian counterpart, on the sidelines of the fifth trilateral summit of Iran, Russia and Turkey in Ankara on Sept. 16, and said that the banking ties between Tehran and Moscow were also discussed at the meeting.

Iran has announced that Tehran and Moscow have taken steps to integrate banking payment systems.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521384226811