AMIR HeydariTEHRAN, Oct. 22 (DID) – Iranian President Masoud Pezeshkian said member states of BRICS group of emerging economies are seeking unity and cohesion to control undisputed power that the United States and dollar have created in the region and the world.
AMIR HeydariTEHRAN, Jun. 13 (DID) – The Moscow Exchange (MOEX) has stopped trading in dollars and euros, a move prompted by a new round of US sanctions targeting Russia’s financial institutions.
AMIR HeydariTEHRAN, May 18 (DID) – China sold off a record $53.3 billion of Treasury and agency bonds in the first quarter of 2024, a move seen as part of Beijing’s drive to diversify from US dollar assets.
AMIR HeydariTEHRAN, Nov. 21 (DAY) – Western currencies have been almost completely phased out in trade between China and Russia, as nearly all payments between the countries are now carried out in rubles and yuan, Russia’s first deputy prime minister said.
AMIR HeydariTEHRAN, Sep. 09 (DAY) – The Governor of the Central Bank of Iran (CBI) announced that the dollar will be removed from tourism exchanges with the countries of the region.
AMIR HeydariTEHRAN, Aug. 30 (DAY) – The share of the US dollar in international reserves fell below 60%, while the share of alternative currencies in international settlements is increasing, Russian Foreign Ministry Spokeswoman Maria Zakharova said on Wednesday.
AMIR HeydariTEHRAN, Aug. 27 (DAY) – The Euro has dipped in an unprecedented display of its decline in global payments through SWIFT, highlighting a shift in preference towards the greenback and the Chinese yuan.
AMIR HeydariTEHRAN, Aug. 22 (DAY) – 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.
AMIR HeydariTEHRAN, Aug. 22 (DAY) – The Iranian parliament speaker told the visiting Malaysian foreign minister that under oppressive sanctions, Iran seeks to expand bilateral economic and banking ties with other countries without using the US dollar.
AMIR HeydariTEHRAN, Aug. 21 (DAY) – Russia and a number of other countries are consistently reducing the dependence on the dollar, switching to local currency settlements, Russian Foreign Minister Sergey Lavrov said.
AMIR HeydariTEHRAN, Jul. 09 (DAY) – A senior Iranian diplomat hailed a plan by the BRICS member states to introduce a common currency in their international trade, emphasizing that the move will be a challenge to the dominance of the US dollar and the euro.
AMIR HeydariTEHRAN, Jul. 08 (DAY) – The Iran-Iraq Joint Chamber of Commerce Chairman said that by exchanging dinars instead of dollars in transactions with Iraq, getting rid of dollar dominance in imports and exports will be realized.
