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CATEGORY: iranian

Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 21, 2023 05:50

Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’

A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for the international community. “The dollar has been used as a weapon by the U.S. against different countries. It is unreliable and it is dangerous,” the professor warned. Iranian Professor Stresses the Importance of De-Dollarization Professor [...]

The post Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’ appeared first on Crypto Breaking News.

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Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 19, 2023 01:20

Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements

The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using national currencies and that they are considering also the usage of the Chinese yuan. 80% of Russia-Iran

The post Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements appeared first on BTC Ethereum Crypto Currency Blog.

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BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 10, 2023 05:50

BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says

An Iranian official has stated that Iran stands to benefit from a gold-backed common BRICS currency. The official further asserted that such a BRICS currency would erode the U.S. dollar’s dominance and result in increased wealth for Iranians holding gold. “A tremendous change is taking place in the international economy,” the official stressed. Iran Will [...]

The post BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says appeared first on Crypto Breaking News.

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Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 10, 2023 02:10

Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq

Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The annual turnover between the two neighboring nations exceeds $10 billion with millions of pilgrims and health tourists crossing the border each year. Iran and Iraq Can Reduce Dollar Dominance by [...]

The post Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq appeared first on Crypto Breaking News.

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Russian Finance Minister Talks Dollar Attack on Russia, Importance of Developing Alternatives for Settlements
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 07, 2023 02:10

Russian Finance Minister Talks Dollar Attack on Russia, Importance of Developing Alternatives for Settlements

Russian Finance Minister Anton Siluanov has given his opinion on the perceived attack the Russian economy has been receiving from the U.S. dollar, and how the country has moved to keep trade going. Siluanov also remarked on the importance of developing settlements in national currencies. Russian Finance Minister Anton Siluanov: ‘The Dollar Has Challenged Russia’ [...]

The post Russian Finance Minister Talks Dollar Attack on Russia, Importance of Developing Alternatives for Settlements appeared first on Crypto Breaking News.

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Iran-Russia Trade Settlements Exceed 60% in National Currencies, Says Joint Chamber Chief
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 04, 2023 05:50

Iran-Russia Trade Settlements Exceed 60% in National Currencies, Says Joint Chamber Chief

Iran and Russia have increased cooperation and settled more than 60% of their bilateral trade in the Russian ruble and the Iranian rial, according to the chairman of Iran-Russia Joint Chamber of Commerce. The two countries have ramped up their de-dollarization efforts with Iranian President Ebrahim Raisi calling for the Central Bank of Iran to [...]

The post Iran-Russia Trade Settlements Exceed 60% in National Currencies, Says Joint Chamber Chief appeared first on Crypto Breaking News.

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Iran Sets Up Platform to Facilitate Crypto Payments for Imports
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 03, 2023 02:15

Iran Sets Up Platform to Facilitate Crypto Payments for Imports

Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies for Imports, Trade Organization Chief Vows Iranian companies will be able pay for [...]

The post Iran Sets Up Platform to Facilitate Crypto Payments for Imports appeared first on Crypto Breaking News.

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