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Iran: Agreement with Iraq and other countries to deal in national currencies

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emmaduke


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Iran: Agreement with Iraq and other countries to deal in national currencies Saturday 07 July 2018 - 03:30 GMT
The governor of the Central Bank of Iran and Crown Prince Ali Saif said on Saturday that his country has concluded monetary agreements with Iraq, Russia and Azerbaijan to deal with national currencies.
World - Iran

Seif said, in a press statement today, July 7, it was activated monetary agreement between Iran and Turkey to deal riyal and the lira, and in this framework has been opened several bank credits "L'.C" , adding that his country has concluded monetary agreements also with Iraq, Russia and Azerbaijan to deal In national currencies .

Saif explained that the Central Bank of Iran is aware of the possibilities of bilateral and multilateral monetary agreement and has concluded this kind of agreements with several countries .

A number of Iranian banks are now preparing to open joint accounts in some countries on the basis of national currencies .

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