{International: Al-Furat News} The governor of the Central Bank of Iran revealed the start of the project of settling the country’s exports abroad in the national currency of the riyal.
On the sidelines of the meeting of the Government Council and the private sector in the province of Khorasan Razavi (northeast), Mohammed Reda Farzin said
The issue of settling Iranian exports via the riyal currency outside the borders has been been considered by the central bank for several months, and its introduction will address the requirements of exporters for Iraq and Afghanistan.
He also said that this topic is one of the demands of Mashhad traders to export to Afghanistan, and through the implementation of the “Rial F Shore” project (Rial outside the border), traders will be able to benefit from it instead of foreign currency.
He pointed out that the regulation of the cross-border riyal project was drafted by the Central Bank and practically two banks started this project, and soon it will be circulated to all banks of the country.
https://alforatnews.iq/news/ضربة-قوية-للأخضر-دولة-جديدة-تتخلى-عن-الدولار
