Iran launches Russian ruble trade ...News

Russia Today - Economy
Iran launches Russian ruble trade
source : Russia Today ( News ) () 16
The country’s foreign currency exchange starts trading in the rial-ruble currency pair Iran’s official foreign currency exchange has listed the Russian currency and launched trading in the ruble/rial currency pair, the IRNA news agency reported on Tuesday. The listing comes ahead of President Putin’s visit to Tehran, and has been described by the head of Iran’s Central Bank as “an important step in the development of economic relations between Iran and Russia.” Moscow pledged earlier to gradually stop using the US dollar in transactions with Iran. Trade between the two countries grew by 31% in the first four month

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