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Iranpress: Podcast: Key US allies reduces role of dollar in trade

Podcast: Key US allies reduces role of dollar in trade

Thursday, 04 May 2023 11:58

The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate on promoting the use of their currencies instead of the US dollar for bilateral transactions, such as current account transactions and direct investment. 206

Iranpress: South Korea, Indonesia sign pact to shift away from dollar

South Korea, Indonesia sign pact to shift away from dollar

Thursday, 04 May 2023 09:16

The central banks of South Korea and Indonesia signed a memorandum of understanding to promote bilateral trade in national currencies, moving away from the US dollar as an intermediary.

Iranpress: Decline of dollar in world trade

Decline of dollar in world trade

Wednesday, 26 April 2023 16:29

Tehran (IP) - The US dollar, which has been the leading foreign currency in the world trade for years, sees its position in danger.

Iranpress: Beiging prepares for a massive dollar dump

Beiging prepares for a massive dollar dump

Friday, 30 September 2022 21:44

IP- The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.

Iranpress: FM Zarif: Many states distancing themselves from US dollar

FM Zarif: Many states distancing themselves from US dollar

Monday, 21 October 2019 17:08

Iran's Foreign Minister has stressed that many countries have decided to distance themselves from the US dollar as much as possible and this is an important development.

Iranpress: Turkish Lira devalues against US Dollar

Turkish Lira devalues against US Dollar

Saturday, 12 October 2019 05:33

Turkish lira devalued against the US dollar, after Washington's threat to impose fresh sanctions on Ankara.

Iranpress: Role of US dollar diminishing in international transactions: Zarif

Role of US dollar diminishing in international transactions: Zarif

Monday, 01 July 2019 10:29

Iranian Foreign Minister said that the role of the US dollar in international transactions is diminishing.

Iranpress: Zarif: Dollar usage reduces in bilateral trade

Zarif: Dollar usage reduces in bilateral trade

Wednesday, 03 October 2018 09:12

Iranian Foreign Minister said, US use of sanctions regime has reduced dollar usage in bilateral trade.

Iranpress: Central Bank of Iran (CBI) givens new powers to issue foreign exchange bonds

Central Bank of Iran (CBI) givens new powers to issue foreign exchange bonds

Tuesday, 02 October 2018 18:15

A meeting of the supreme council for economic coordination, chaired by the president of the Islamic Republic, Hassan Rouhani, was held on Tuesday, and it was decided to grant more powers to the Central Bank of Iran (CBI) , allowing the Bank to issue foreign exchange bonds for the first time.

Iranpress: Senior Iranian MP: Currency market will improve; Dollar will lose some of its value

Senior Iranian MP: Currency market will improve; Dollar will lose some of its value

Tuesday, 02 October 2018 10:57

The head of the Iranian Parliament's planning, budget and estimation committee, GholamReza Tajgardoun has emphasized that the recent trend of dollar depreciation must continue, with the Rial gaining against the dollar, until a 'reasonable exchange rate' is reached. Tajgardoun added: "Exchange bureaus and banks must assist the Central Bank of Iran (CBI) to control the currency market."

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