Briefing the attendees about CBI’s measures during the four past months,
Abdolnaser Hemmati added that Iran has activated its financial transactions with
several countries without any reliance of U.S. dollar.
In late April, Iranian cabinet ordered all state-run organizations and companies
to replace U.S. dollar with euro in reporting their financial statements.
The country’s financial system has intensified its efforts to establish ties
with a number of countries based on the national currencies, as the U.S.
sanctions against the country have complicated transactions in dollars.
Source: TehranTimes