The Russian Federation and Iran have linked their financial messaging systems so that banks can now process transactions directly. This was stated by Mohsen Karimi, deputy governor of the Central Bank of Iran in charge of international relations, the agency reported. Far.
According to him, Iranian and Russian banks no longer need Switzerland to communicate with each other, and commercial banks of the two countries can establish brokerage relationships with each other.
“The exporter can issue invoices to the Russian side in rials and receive money from Russian banks in Iran,” said the deputy governor of the Central Bank of Iran.
He also stated that exporters of the two countries can conduct transactions in their national currencies.
Before that, Deputy Minister of Foreign Affairs of the Russian Federation Andrei Rudenko statedRussia and Iran continue cooperation in the banking sector with the aim of further increasing the share of national currencies in settlements.
Previously Russia and Iran concluded Over $40 billion worth of transactions have been made in the oil and gas sector.
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Source: Gazeta
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