Iran’s ambassador to Moscow, Kazem Jalali, revealed on 24 August that entities in the two countries have started conducting trade in their national currencies for the first time.
The transactions were reportedly handled by the Russian Central Bank’s Mir system, according to Iranian state media. No further details were provided about the transactions.
That this was to happen was shared previously, here on SN, however this is the first confirmation that this activity has begun.
"Two countries swap shitcoins"
Bound to happen at some point
That this was to happen was shared previously, here on SN, however this is the first confirmation that this activity has begun.
Iran, Russia remove dollar, replace with ruble for transactions
#49763
https://en.mehrnews.com/news/189500/Iran-Russia-remove-dollar-replace-ruble-for-transactions
And this, which is related, was also shared:
Iran Gains Access To Russian Mir Payment Cards
#51589
https://www.zerohedge.com/geopolitical/iran-gains-access-russian-mir-payment-cards
And not unrelated, there is this:
Iran And Russia Move To Create A Global Natural Gas Cartel | OilPrice.com
#63207
https://oilprice.com/Geopolitics/International/Iran-And-Russia-Move-To-Create-A-Global-Natural-Gas-Cartel.html