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CATEGORY: iranian

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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