Iran, Russia, Turkey discussed non-Dollar trade at Summit in Tehran

Iran, Russia, Turkey discussed non-Dollar trade at Summit in Tehran

WAAR-DUHOK:

 

Iranian Central Bank Governor Abdolnaser Hemmati has discussed a possible replacement of the US dollar by national currencies in trade transactions with Turkish and Russian representatives at the recent trilateral summit of the Syrian ceasefire guarantor states, local media reported.

According to the Iranian Labor News Agency (ILNA), the use of national currencies is needed to reduce dollar’s influence on the economies and trade of the three countries.

“We have decided to proceed with further work in light of the agreements reached at a meeting with the Russian Central Bank governor in Moscow,” Hemmati was quoted as saying by the news outlet.

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