Black People : Iran moves away from US dollar in foreign trade

RAPTOR

Well-Known Member
MEMBER
Sep 12, 2009
6,840
3,592
Iran is stopping mutual settlements in dollars with foreign countries and agreements on bilateral swap
in new currencies will be signed in the near future, the Central Bank of Iran (CBI) has said.

“In trade exchanges with foreign countries, Iran uses other currencies, including Chinese yuan, euro,
Turkish lira, Russian ruble and South Korean won,”
Gholamali Kamyab, CBI deputy head, told the
Tasnim state news agency.

He added that Iran is considering the possibility of signing bilateral monetary agreements with several
countries on the use of other currencies.

Kamyab believes bilateral currency swap agreements will ease trade and economic transactions
between Iran and other states.

Iran is not the first country to move away from the US dollar. In 2014, Russia and China
agreed on swaps and forwards in foreign currencies, a move aimed at reducing the
influence of the US dollar and foreign exchange risks.

Read more: http://rt.com/business/225919-iran-switches-from-dollar/
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Thread starter Similar threads Forum Replies Date
Fireman Black People Politics : U.S Preparing For War With Iran Black People Politics 12
Clyde C Coger Jr Black People Politics : Nation of Islam leader Louis Farrakhan reportedly to speak at Iran drone rally Black People Politics 3
Clyde C Coger Jr Black People Politics : Iran frees U.S. sailors swiftly as diplomacy smoothes waters Black People Politics 0
RAPTOR Black People Politics : The Iran Deal Reality Black People Politics 0
Clyde C Coger Jr Black People Politics : Obama calls GOP criticism of Iran deal 'ridiculous' 'sad' ... But gets it through Black People Politics 22
Clyde C Coger Jr Black People Politics : Obama says Iran nuclear deal prevents ‘more war’ in Middle East Black People Politics 19
RAPTOR Black People Politics : Iran calls on U.S. to end 'racist, inhumane crackdown on blacks' Black People Politics 1
RAPTOR Black People Politics : U.S. forced to admit in court how they framed Iran using false nuclear evidence Black People Politics 0
RAPTOR Black People : China calls for new security pact with Russia, Iran Black People Open Forum 3
Alarm Clock Black People Politics : Iran warns it will wipe out Isreal if Damascus is attacked Black People Politics 0
Alarm Clock Black People : When CIA brags about Iran coup in 54, you wonder "what's next???" Black People Open Forum 1
Alarm Clock Zimbabwe : Media Disinformation: US Warns Zimbabwe on Secret Uranium Deal with Iran Zimbabwe 1
S Black People Politics : Western complicity with Iraq before, during and after the Iraq-Iran war of 1979. Black People Politics 0
S Black People Politics : International Relations: Full speech by Mahmoud Ahmadinejad (President of Iran) at UN 9/2012 Black People Politics 1
S Black People Politics : International Relations: Full speech by Mahmoud Ahmadinejad (President of Iran) at UN 9/2011 Black People Politics 0
S Black People Politics : International Relations: Full speech by Mahmoud Ahmadinejad (President of Iran) at UN 9-23-2010 Black People Politics 1
I Black People : Israel will attack Iran soon Black People Open Forum 2
Each1teach1 Black People Politics : Russia warns against attacking Iran over nuclear fears Black People Politics 13
Chevron Dove Black People Politics : High Gas Prices & Iran~what's In Store For America? Black People Politics 15
Amnat77 Black People : Rights groups report Iran stoning woman released Black People Open Forum 0
noor100 Black Muslims : Iran's Sakineh Affair Islam Study Group 0
Amnat77 Black People : Iran Stoning Woman 'To Be Hanged Today' Black People Open Forum 6
Ankhur Black People : Is Iran next? Black People Open Forum 5
Ankhur Black People : Hating Iran is an AIPAC ish so why the gov. postureing? Black People Open Forum 5
P Black People : What are the facts about Iran's nuclear facility and allowing inspection Black People Open Forum 3
P Black People : Why does Iran need nuclear power???????? Black People Open Forum 60
Chief Elder Osiris Chief Elder Osiris : Up Rising In Iran? Chief Elder Osiris 2
G Black People : Why Not Bomb Iran? Black People Open Forum 5
Destee Black People : Signs of Possible U.S.-Israeli Attack on Iran Black People Open Forum 1
G Black People : Iran-USA a nation ignorant of the world we live in & how we interface with the rest Black People Open Forum 0
I Black People : Israel plans nuclear strike on Iran Black People Open Forum 0
R Black People : Iran: Now a Nuclear Power Black People Open Forum 0
D Black People : IRAN. WHAT ARE YOUR THOUGHTS? Black People Open Forum 9
A Black People : Undeterred by Failure in Iraq, Neocons Push for U.S. Attack on Iran... Black People Open Forum 1
S Pan-Africanism : African Disapora in Arabia Indian Iran Palestine Pan-Africanism - African Diaspora 5
C Black Poetry : Iran to Iraq (State of Emergency) KamalSupreme Black Poetry - Get Your Flow On! 6
R Black Poetry : Come hot with moves and lot of dudes sways nowadays its a street race have to keep pace need tremendous motion in a continuous ocean rip shop and sca Black Poetry - Get Your Flow On! 1
R Black Poetry : Come hot with moves and lot of dudes swaysnowadays go get a BA, MD AND PHD and stayshome no J.O.B., have class and a professionis best like the las Black Poetry - Get Your Flow On! 2
IFE Law Forum : Private prison company moves annual conference to Trump golf course Law Forum - Prisons - Gun Ownership 3
jamesfrmphilly Black People : twitter-moves-to-actively-seek-out-terrorists Black People Open Forum 3
Clyde C Coger Jr Black People Politics : MSNBC Moves Al Sharpton To Sunday Mornings Black People Politics 12
RAPTOR The Police : California Moves Towards Banning Grand Juries for Police Killings Law Forum - Prisons - Gun Ownership 3
$$RICH$$ Black Sports : NFL Free Agents moves /Trades Black Sports 2
mywordsfly Egypt : Egyptian Statue Moves On Its Own Egypt 2
TotalView Black Haiku : dawn moves Black Poetry - Get Your Flow On! 10
R Black Poetry : Moves in the Club #3 Black Poetry - Get Your Flow On! 2
R Black Poetry : Moves in the Club #2 Black Poetry - Get Your Flow On! 1
R Black Poetry : Moves in the club Black Poetry - Get Your Flow On! 1
S Black Poetry : Evolution only moves forward Black Poetry - Get Your Flow On! 5
D Alert: House Moves to Strip Food Warning Labels Black Health and Wellness 3
Similar threads


















































Destee Chat

Latest profile posts

Destee wrote on rhymebad's profile.
@rhymebad ... i love you ... :love: ... what was going wrong about polls and being blocked and stuff?
Destee wrote on pdiane's profile.
Welcome Home Sister! :love:
pdiane wrote on panafrica's profile.
Hey Destee, thank you for still being here! You are loved!
pdiane wrote on panafrica's profile.
I'm Black on Destee, I feel at home! It's been a while! Soooo in 2004 I married my Senegalese Husband, when I first went to Senegal, I loved, it! The people were hospitable and my husband's family was very kind! Well I've been there many times now, have taken African Americans, well over 150 and it has been an amazing experience!
Free as free can be
Top