Iran refuses USD in international settlements

Iran refuses USD in international settlements
  • Clock-gray 15:55
  • calendar-gray 18 April 2018

Iranian government has made a decision on refusal of USD and use of EUR in money transfers and official reports of the state bodies.

 

‘All ministries, state organizations and companies should use EUR in their reports while announcing their statistics, information and financial performances (regarding international money transfer)’, the information said.

 

Iran made this decision in response to US measures against Tehran.

 

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