Iran offers Azerbaijan to use national currencies in trade

Iran offers Azerbaijan to use national currencies in trade
# 18 December 2017 12:12 (UTC +04:00)

National currencies of Azerbaijan and Iran may be strengthened by use of them in mutual trade by the both countries, the Chairman of the Securities and Exchange Organization of Iran Shapur Mohammadi told APA.

‘It has a number of advantages. For instance, they are transferred easily and there is no need for the third currency. Moreover, use of national currencies in the trade causes strengthening of the national currencies. And this is profitable for the both countries’, he said.

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