posted tages with "American Dollar"

Parl. passes amendment bill on fighting forex smuggling

Parl. passes amendment bill on fighting forex smuggling

TEHRAN, Jun. 13 (Press Shia) – The Iranian lawmakers have passed into law an amendment bill to combat the smuggling of foreign exchange, especially the US dollar.Of the 220 present MPs, 137 voted in favor of the bill, 43 voted against, while 8 lawmakers abstained. Mohammadreza Pour Ebrahimi, a member of the Parliament’s Economic Commission said about the bill that the Commission had...

Tehran, Ankara posed to dump dollar in trade

Tehran, Ankara posed to dump dollar in trade

TEHRAN, Apr. 21 (Press Shia Agency) – Iran’s financial system has intensified its efforts to establish ties with a number of countries based on national currencies, as the US sanctions against the country have complicated transactions in dollars.In this line, Iran made an agreement in last October with Turkey on using local currencies in trade transactions between the two countries to improve...

Islamic Revolution aimed at meeting people's demands

Islamic Revolution aimed at meeting people's demands

TEHRAN, Apr. 21 (Press Shia) – Iranian President Hassan Rouhani said Sat. the Islamic Revolution was aimed at resolving people’s problems, adding that respecting people forms the basis of the revolution. Iranian President Hassan Rouhani made the remarks in a meeting with senior directors of government bodies at Islamic Summit Conference Hall in the north of Tehran. The president said...

AEOI to take ‘expected, unexpected’ moves if US quits JCPOA

AEOI to take ‘expected, unexpected’ moves if US quits JCPOA

TEHRAN, Apr. 21 (Press Shia) – Iranian President Hassan Rouhani Said on Saturday that Atomic Energy Organization of Iran (AEOI) has been ordered to be prepared for ‘expected as well as unexpected’ moves if US quits the nuclear deal.Iranian President Hassan Rouhani made the remarks in a meeting with senior directors of government bodies at Islamic Summit Conference Hall in the north of...

Iranian cabinet replaces US dollar with euro

Iranian cabinet replaces US dollar with euro

TEHRAN, Apr. 18 (Press Shia) – During its official meeting on Wednesday, the Iranian cabinet of ministers decided to change the basic currency in its international transactions from the US dollar to the euro.The Iranian cabinet of ministers held its official meeting on Wednesday under the chair of President Rouhani and decreed that all ministries, organizations, companies, and offices of...

Euro to replace dollar in trade transactions: CBI governor

Euro to replace dollar in trade transactions: CBI governor

TEHRAN, Apr. 10 (Press Shia Agency) – Central Bank of Iran Governor Valiollah Seif said Tue. that the decision to replace dollar with euro in the country’s foreign trade transactions will be implemented with more determination this year.Governor of the Central Bank of Iran (CBI) attended an open session at the Parliament this morning to discuss the recent foreign exchange fluctuations in the...

Phasing out US dollar in interest of Muslim World

Phasing out US dollar in interest of Muslim World

TEHRAN, Jan. 15 (Press Shia) – Kyrgyzstan MP calls on the necessity of phasing out US dollar from international business transactions.Speaking on the sidelines of the meeting of the General Committee of the 13th session of the Parliamentary Union of the OIC Member States (PUIC) Conference, Parkhat Tolandi Of stressed the importance of expanding business and economic relations between Islamic...

US trying to mobilize world against Iranian resistant nation

US trying to mobilize world against Iranian resistant nation

TEHRAN, Dec. 22 (Press Shia Agency) – Tehran's interim Friday Prayer Leader Ayatollah Mohammad Emami Kashani said the world is mobilized against the faithful, brave, and resistant nation of Iran. In today's Friday prayers sermons, Ayatollah Emami Kashani, said "today, the world is being mobilized against the Islamic Republic and the Iranian people because they are resistant and hold...

Iran, Austria to trade in non-dollar currencies

Iran, Austria to trade in non-dollar currencies

TEHRAN, Nov. 16 (Press Shia) –An Austrian bank official said that to reassure traders and businessmen, Kontrollbank will support non-dollar currencies in trade transactions between Iran and Austria. “Our traders and businesspeople are worried about US new sanctions against Iran and to relieve their stress we are offering non-dollar currencies transaction services,” said an official of...