US dollar
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Iran’s hard currency income up 18.6% y/y in June quarter: CBI
Tehran, IRNA – Figures by the Central Bank of Iran (CBI) show the country’s hard currency income rose 18.6% in the quarter to late June compared to the same period last year.
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BRICS to release bonds in local currencies in fresh de-dollarization drive
Tehran, IRNA – BRICS, a bloc of leading emerging markets, is preparing to launch new bonds in global markets, which will be available in local currencies rather than in the US dollar.
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US dollar under threat as BRICS nations plan to develop exports
Tehran, IRNA – BRICS, an association of leading emerging markets, is set to develop exports this year, which could threaten the US dollar, as the bloc moves ahead with its plan to reduce dependency on the American currency in an effort to reform the global economy.
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Iran, Oman to boost bilateral cooperation, call for using nat’l currencies in mutual trade
Tehran, IRNA – Iran and Oman have signed two memoranda of understanding to boost bilateral cooperation, and emphasized the importance of using their national currencies in mutual trade instead of the dollar.