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December 14, 2024
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December 14, 2024
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US dollar
Iran Proposes Financial Mechanisms to BRICS to Reduce Dependence on Western Systems
Friday, 09 August 2024 12:14
Iran's ambassador to Russia, Kazem Jalali, has announced that the BRICS nations have welcomed Iran's proposal to develop financial mechanisms that would reduce member countries' reliance on Western financial systems.
FM Deputy: Iran follows de-dollarization policy through BRICS
Sunday, 31 December 2023 14:41
Tehran (IP) - Iran's Deputy Foreign Minister said that Tehran seeks cooperation within the framework of BRICS with the state members, one of which omits the dollar from business trades and financial transactions.
BRICS+ could end dollar dominance – ex-White House adviser
Sunday, 05 November 2023 20:39
IP- The US dollar is facing a growing challenge from BRICS countries due to the bloc’s planned expansion and efforts to boost the use of national currencies in trade among members, according to Joe Sullivan, a former special adviser on the White House Council of Economic Advisers.
De-dollarization is irreversible – Putin
Wednesday, 23 August 2023 14:49
The US dollar is losing its global role in an “objective and irreversible” process; the Russian president told participants at the BRICS Summit in South Africa on Tuesday.
Trump warns of US dollar's waning influence
Friday, 18 August 2023 00:08
Former US President Trump warned during a televised interview on Thursday that US Dollar is losing its dominance.
Argentina seeks to pay IMF debts with yuan and SDRs
Friday, 30 June 2023 05:34
Argentina, which is facing a shortage of dollars, plans to pay part of the loan installments received from the International Monetary Fund in Chinese yuan.
SPEIF key to world’s de-Dollarization: Iran’s Envoy to Moscow
Thursday, 15 June 2023 03:22
St. Petersburg International Economic Forum (SPEIF) has provided a good opportunity to get rid of the dominance of the dollar in the economy and the so-called SWIFT system,” the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Russia said on Wednesday.
Global de-dollarization begins in practice, conceptual speeches: Russian FM
Saturday, 20 May 2023 18:55
Moscow (IP) - Global de-dollarization has started to take effect, as evidenced by practical measures and conceptual speeches, stated Russian Foreign Minister during the 31st Assembly of the Council on Foreign and Defense Policy on Saturday.
Indonesian to cut ties with Visa, Mastercard
Tuesday, 16 May 2023 03:40
The Indonesian government has announced that it would launch its very own national payments system to be used in state-owned institutions and enterprises, cutting ties with Visa and Mastercard.
Khandouzi: Share of US dollar in Iran's foreign trade is less than 10%
Tuesday, 09 May 2023 13:04
Tehran (IP) - Ehsan Khandouzi, Minister of Economy and economic spokesman of the government, says: Today, the share of the dollar in Iran's foreign trade has shrunk to less than ten percent, while two years ago, according to the information of the Central Bank of Iran (CBI), the dollar's share was nearly 30 percent.
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