The latest news and views about Iran’s banking relations with other countries
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Es’haq Jahangiri, Iran’s First Vice President, says the Islamic Republic will continue to stand by the Syrian government and nation during their reconstruction era.
Iran’s Minister of Sports and Youth Affairs Massoud Soltanifar has called on the Federation Internationale de Football Association (FIFA) to release the Islamic Republic’s frozen money as soon as possible.
The Iranian minister of finance and economic affairs says Iran and China have agreed to use the national currencies of both countries in their trade transactions.
Iran’s foreign ministry has condemned the US sanctions against the Iranian bank chief, saying that the government and Central Bank of Iran reserve the right to adopt all legal and political solutions to counter the US Treasury Department’s move.
Europe is seeking to open up a banking channel to allow conduction of transactions with Iran, as part of measures to protect European companies doing business in Iran against Washington’s move to re-impose anti-Tehran sanctions, an Iranian official said.
Iran will use Qatar to facilitate payment orders in foreign currencies, phasing out such operations in Dubai where restrictions imposed by the UAE government are making financial transactions difficult.
The Iranian government has decided to replace the US dollar with euro in its international transactions in a move to prevent the greenback’s fluctuations from negatively affecting the Iranian economy.