Iran, Russia Replace Dollar with National Currencies
Iran's ambassador to Russia Seyed Reza Sajjadi announced Saturday that the two countries have replaced US Dollar with their own currencies in their trade ties.
Speaking to FNA, Sajjadi explained that "the proposal for replacing US Dollar with Ruble and Rial was raised by Russian President Dmitry Medvedev in a meeting with his Iranian counterpart Mahmoud Ahmadinejad."
"Since then, we have acted on this basis and a part of our interactions is done in Ruble now," Sajjadi stated, adding that "many Iranian traders are using Ruble for their trade deals."
Confirming that "there is a similar interest in the Russian side," the envoy reiterated that "Moscow is against unilateral sanctions on Iran outside the UN Security Council, specially the recent sanctions against Iran's Central Bank (CBI)."
"The move (imposing sanction on the CBI) is unacceptable. Russians have clearly announced that they will not accept these sanctions and Iran's nuclear issue is resolvable just through negotiations."
Source:FNA, Edited by moqawama.org
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person iqbal
U.S. sanction on iran proofs U.S. r coward.
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