The use of the American currency in Iran’s trade and economic relations has decreased from 30% to a record 10% for the state. This is reported by EurAsia Daily.
Iran began to use the American currency in trade and economic relations much less, up to record figures. The press service of the Tehran government said that due to the efforts of President Ibrahim Raisi, the share of the dollar in the country’s trade settlements fell to less than 10%, while two years ago it was about 30%.
The Iranian government, like a large number of other countries, is beginning to move away from using the dollar in trade. Since the United States has recently been using its currency as an instrument of political and economic pressure on other countries. Also, the press service of the Islamic Republic stated that the state has joined the Russian banking network.
“Therefore, a quick exchange for local currencies is on the agenda… Another measure was the connection of the Iranian Shatab banking network to the Russian network,” the Iranian press service noted.
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