December 11, 2018 13:27
News ID: 3617

(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.”

Read more:

Bilateral monetary treaty between Iran and EU is finalized

Euro to become the official foreign currency used in Iran

The dollar will be eliminated from Iran-China trade

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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