Ruble
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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.
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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.
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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.