Iran eliminates the dollar from trade with several countries

Iran eliminates the dollar from trade with several countries
ID : N-3685 Date : 2018/12/11 - 13:27

(Persia Digest) – The Governor of Iran’s Central Bank has said that creating a financial channel with a number of countries to eliminate the dollar from our trade exchanges is a major step taken against financial sanctions against the country.

Abdodlnaser Hemati added: “Bilateral monetary agreements have been put in place between Iran and a number of countries which will be boosted in the future.”

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Referring to the gradual return of foreign currencies earned by exports to the circle of Iran’s economy, he said: “Givien the present devaluating trend of foreign currencies, it is hoped that with the help of exporters who will inject their forexes into the economy, the country will be able to import its needs at lower prices.”

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