Iran dollars in foreign trade transactions to close

Iran dollars in foreign trade transactions to close

Iran dollars in foreign trade transactions to close

Tehran … News Time

Iranian Central Bank Deputy Governor General says Iran Gholam ali Kamyab dollars in its foreign trade transactions are abandoned. Gholam ali Kamyab foreign news agency quoted Iran’s trade with other countries in the Euro instead of the dollar, the Turkish lira, Russian ruble is the currency of China and Korea. Ghulam Ali told the Bay of Iran with several countries, based on simple rules of trade is likely to contract. He added that negotiations for the formal agreements will be launched soon. During recent months, the value of Iran’s currency against the US dollar has fallen very much. Iran’s nuclear program and the sanctions because of oil and other commodities in exchange for receiving the funds is facing extreme hardship.

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