Russia and Iran complete de-dollarization

The two countries have completely shifted to trade in their national currencies, according to the Iranian government lender Russia and Iran have abandoned the use of the US dollar in bilateral trade, shifting to their national currencies, Central Bank of Iran (CBI) Governor Mohammad-Reza Farzin has stated, according to local media reports. The CBI chief made the remarks at the 11th Conference on Modern Banking and Payment Systems in Tehran on Monday. He said the move was part of a plan to counter “unjust sanctions.” “We have entered into a currency agreement with Russia and abandoned the dollar. Now we only trade

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