Updated in: 28 February 2024 - 12:38
currencies

Russia phasing out US dollar in military contracts in favor of local currencies

TEHRAN (defapress) – Moscow is dropping the greenback in major arms deals and switching to the Russian ruble and the national currencies of its partners, according to the country’s trade minister Denis Manturov.
News ID: 74550    Publish Date : 2018/12/25

Russia Says to Switch to National Currencies in Settlements with Iran

TEHRAN (defapress) – Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russian Energy Minister Alexander Novak said.
News ID: 73819    Publish Date : 2018/11/19

Iranian, Azeri Presidents Stress Using National Currencies for Trade

TEHRAN (defapress)- Iranian and Azeri Presidents Hassan Rouhani and Ilham Aliyev in a meeting in Tehran on Wednesday underlined the necessity for using local currencies in their bilateral trade ties as well as trilateral exchanges with neighbors.
News ID: 66805    Publish Date : 2017/11/01

Iran, Turkey Agree to Use Nat'l Currencies in Trade Transactions

TEHRAN (defapress)- Governor of the Central Bank of Iran (CBI) Valiollah Seif and his Turkish counterpart Murat Cetinkaya in a meeting in Ankara approved the draft of a memorandum of understanding (MoU) to use their national currencies in their transactions.
News ID: 66279    Publish Date : 2017/10/10