Ruble

Tehran, Moscow to strengthen local currencies

TEHRAN, Jul. 10 (MNA) – The national currencies swap agreement made between the central banks of Iran and Russia will contribute to the ruble and rial strength and dollar exclusion from mutual settlements.

Russia, Qatar working on national currency trade

TEHRAN, Aug. 07 (MNA) – Moscow and Doha are working towards transitioning trade settlements in their respective national currencies.

Over 70% of Russia-China trade ties settled in Ruble, Yuan

TEHRAN, May 24 (MNA) – Amid the BRICS collective’s push to eliminate the reliance on the US dollar, Russian Finance Minister, Anton Siluanov, stated that more than 70% of trade between China and Russia is settled in their respective local currencies.

Iran envoy to Moscow:

Over 40% of Iran, Russia trade transactions done in ruble

TEHRAN, Dec. 14 (MNA) – The Ambassador of the Islamic Republic of Iran to Moscow announced on Wednesday that over 40% of the trade transactions between Iran and Russia are carried out in ruble.