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Iran's East Azarbaijan non-oil exports hit $2b
Iran's East Azarbaijan Province has exported two billion dollars’ worth of products in the previous 11 months of the current Iranian calendar year (ending on March 20), a provincial official said.
Iran minimizing dollar's role in national economy
The ban on the use of the US dollar as the foreign currency for registering import orders was the most important event in Iran's trade sector in the past few days. In case the policies are correct and effective, the move can minimize the role of the US dollar in the national economy.
Asian markets fight for gains as dollar wobbles
The US dollar turned slightly lower in Asia trading on Friday, quelling the recent rebound in the US after President Donald Trump said the currency would get ‘stronger’.
Iran finds solution to facilitate foreign trade
Iran doesn’t leave attempts to get rid of the financial hegemony of the US dollar and is still seeking ways for transition to clearing accounts in national currencies with its close and friendly trade partners.
Iran-China traders agree to sideline US dollar
Senior officials of Iran and China laid emphasis on reducing the role of the US dollar in their bilateral trade.
Russia to reduce reliance on US dollar
The Russian government will intensify efforts to cut the country’s dependence on US payment systems and the dollar as a settling currency, said Deputy Foreign Minister Sergey Ryabkov on Monday, as quoted by RIA Novosti.
Iran's deal with Russia bypasses US dollar through bartering
Iran has signed an agreement with Russia to trade crude oil for products with US dollars entirely absent from the transaction.
Gold hits highest level in over a month amid dollar, Brexit concerns
Gold has hit to its highest level in over a month on Tuesday buoyed by a weaker US dollar before a news conference by US President-elect, Donald Trump on Wednesday and Britain's uncertain exit from the European Union.
High dollar rates spark criticisms in Iran
The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the sanctions.
Dollar slips as investors question whether Trump can deliver growth
The dollar declined on Monday as market participants waited to see if the administration of incoming US president Donald Trump can deliver new pro-growth economic policies next year.
Banks told to sell dollars at free rates
Central Bank of Iran (CBI) announced that it has authorized banks to deal in foreign exchange trading at a free-market rate — a move which is expected to help control the rising rates of the dollar.
Why strengthening dollar is bad for world economy
The world’s most important currency is flexing its muscles. In the three weeks following Donald Trump’s victory in America’s presidential elections, the dollar had one of its sharpest rises ever against a basket of rich-country peers. It is now 40 percent above its lows in 2011. It has strengthened relative to emerging-market currencies, too. The yuan has fallen to its lowest level against the dollar since 2008. Anxious Chinese officials are said to be pondering tighter restrictions on foreign takeovers by domestic firms to stem the downward pressure. India, which has troubles of its own making has seen its currency reach an all-time low against the greenback. Other Asian currencies have plunged to depths not seen since the financial crisis of 1997-98, The Economist wrote.
Scrapping dollar dealings vital
By Kazem Dousthosseini
Iran tells banks US approved dollar deals
Iran says the US Treasury Department has effectively opened the way for non-American banks and financial institutions to proceed with dollar-dominated transactions with Iranians.
British pound hit fresh lows against dollar
The British pound hit fresh lows against the dollar and the euro on Wednesday as financial turmoil intensifies in the wake of UK’s decision to leave the European Union.

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