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.
AMIR HeydariTEHRAN, Jul. 04 (DAY) – Along with militarism, what forms the basis of the Western domination system is the dominance of the dollar, said the Iranian President, adding that the removal of the dollar is needed to shape a fair international system.
AMIR HeydariTEHRAN, Jul. 03 (DAY) – Indian Oil Corporation, the country’s biggest buyer of Russian crude oil, in June became the first state refiner to pay for some Russian purchases in yuan, three sources familiar with the matter said, according to media.
AMIR HeydariTEHRAN, Jun 30 (DAY) – Nicaragua wants to pay for Russian grain in national currencies, its foreign minister Denis Moncada told Russian media on Thursday.
AMIR HeydariTEHRAN, Jun. 17 (DAY) – Russian President Vladimir Putin has stated the growing use of national currencies for cross-border exchanges signals the end of the hegemony of the US dollar.
AMIR HeydariTEHRAN, Jun. 14 (DAY) – US Treasury Secretary Janet Yellen says Washington should expect a gradual decline in the dollar’s share of the global reserve, as the global de-dollarization move is gaining momentum.
AMIR HeydariTEHRAN, Jun 07 (DAY) – Exploiting the dollar as a political tool over the past few years has forced various countries to seek a way to get rid of the ramifications of dollar sanctions in trade ties.
AMIR HeydariTEHRAN, May 15 (DAY) – The Iraqi Interior Ministry has banned people from dealing in US dollars in the latest move by authorities to control a fluctuating black market exchange rate.
AMIR HeydariTEHRAN, May 07 (DAY) – Iran’s resident ordered the central bank to lay the ground for conducting business transactions in the Iranian rial and accelerate ditching the dollar in financial transactions with other countries.
AMIR HeydariTEHRAN, May 03 (DAY) – The central banks of South Korea and Indonesia have signed a memorandum of understanding to promote bilateral trade in national currencies, moving away from the US dollar as an intermediary.
