Central Banking

Iran will not use dollar in trade

Iran plans to carry out transactions in currencies other than the dollar in retaliation for US anti-Iran banking policies, IRNA reported Tuesday 14 November.

"Since any transaction, made worldwide on the basis of dollar, should be checked in the Clearing House in New York, we decided in line with the government's policies to carry out transactions in other hard currencies," said Minister of Economy and Finance Davood Danesh Jaafari in an interview with reporters on Tuesday.

Speaking on the side

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