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Tehran, Baghdad Discussing Rial-Based Visas for Iranian Pilgrims

Tehran is in the last stage of talks with Baghdad to replace dollar with Iran’s national currency, rial, when issuing visas for Iranian pilgrims who plan to visit Iraq during the Arbaeen rituals, Foreign Ministry spokesman Bahram Qassemi said on Wednesday.

Turkish President Says Dollar Is an Obstacle for Trading

International trade's dependency on the U.S. dollar should be decreased as it became an obstacle for Turkey, said Turkish President Recep Tayyip Erdogan on Monday.

Dollar Out, Yuan in: Iran Changes Benchmark Currencies

Iran has removed the US Dollar from its official currency rate reporting platform and replaced it with China’s Yuan in an effort that the media in Tehran say could be a key step toward ditching the greenback in trade.

New World Currency Will Topple Dollar: Russian Deputy

The use of the U.S. dollar to put pressure on other countries will lead to the creation of an alternative world currency, costing the dollar its world currency status, a top Russian deputy told Anadolu Agency on Wednesday.

Jahangiri: New Policy Aimed at Providing Essential Goods

Iran’s First Vice President Es'haq Jahangiri says the government will announce on Monday its new Forex policy in the face of the looming US sanctions.

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