Publish Date: 19 July 2022 - 15:24

Tehran, IRNA – Iran’s Currency Exchange (ICE) officially listed the ruble-rial pair ticker on Tuesday.

A trade of 2 million rubles was done as the first exchange in the pair’s record immediately after listing with a ratio of 5,390 rials per ruble.

The listing was done as Russia’s President Vladimir Putin will arrive in Tehran later today for official meetings.

This follows a previous agreement on banking between Iran and Russia reached during a Moscow trip made by the governor of Central Bank of Iran.

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