Russia and Iran have almost completely switched to settlements in rubles and reals

Russia and Iran carry out more than 96% of all payments in national currencies — rubles and rials, which significantly strengthens economic cooperation between the two countries. The volume of mutual trade increased by 12.4%, which demonstrates successful cooperation without the use of Western currencies.

Oct 23, 2024 - 10:45
 0  8215
Russia and Iran have almost completely switched to settlements in rubles and reals
Photo taken from public sources

Russia and Iran have almost completely switched to settlements in rubles and reals, which allows the countries to strengthen their economic ties, bypassing Western currencies. According to the latest data, more than 96% of all settlements between the two countries are now carried out in national currencies. Over the current year, the volume of mutual trade increased by 12.4%, which confirms the successful development of economic cooperation in the new conditions.

The editorial board is not responsible for the content and accuracy of material taken, sent or obtained from other sources. The publication of such materials is for informational purposes only and does not imply automatic endorsement or approval of their content.

Now you can receive our news directly in WhatsApp! Subscribe to our channel in this popular messenger and stay up to date with all events!