The countries have been forging closer trade ties as both find themselves targeted by Western sanctions Russia and Iran have reached an agreement to boost the use of their respective national currencies in settlements as a push toward de-dollarization gains momentum in bilateral economic relations, Iranian media reported on Wednesday. The head of Russia’s Central Bank Elvira Nabiullina has held a meeting with her Iranian counterpart Mohammad Reza Farzin as part of her visit to Tehran where the Asian Clearing Union (ACU) summit is taking place. “I had a good and productive meeting with my Russian colleague Elvira N
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