Iran stopped dealing in US dollars

Iran stopped dealing in US dollars

Posted 25/01/2015 10:26 AM

Iran stopped dealing in US dollarsDeputy Governor of the Central Bank of Iran, Gholam Ali Kamiyab, that Iran no longer use the US dollar in business dealings with other countries.

The news agency reported, “Tasneem” close to the Iranian security forces Kamiyab saying: “Iran used to trade with other currencies of other countries, including the Chinese yuan and the euro, and the Turkish lira and the Russian ruble, South Korean won.”

Iran’s chief financial officer, noted that his country would consider the possibility of holding bilateral currency agreements with a number of countries for trade, economic and convenient transactions, adding that negotiations on the signing of such agreements will be launched soon.

Iranian official currency and saw “Altoman” strong deterioration against the US dollar in recent months. Iran also suffers from the difficulty of obtaining income resulting from the export of oil and other commodities and the dollar because of the sanctions imposed on it because of its nuclear work, which the West suspects is still not Slmath.

altahreernews.com