MOSCOW TIME: 20.10.2019 03:48:40

Economy

Russia, Turkey and Iran speeding up efforts to drop US dollar from trade - official

Russia, Turkey and Iran speeding up efforts to drop US dollar from trade - official

Russia, Turkey and Iran are negotiating the reduction of the US dollar's share in mutual trade, Tehran Times daily quotes the country's central bank governor as saying.

Eliminating the greenback in mutual trade was most recently discussed by the three countries last weekend in Tehran during the trilateral summit of the Syrian ceasefire, said Iranian Central Bank Governor Abdolnaser Hemmati.


“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. According to Hemmati, the topics discussed also included oil and gas prices, expansion of banking ties and strengthening of economic relations.

Source: www.rt.com

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Russia Turkey Iran US dollar Trade

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