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National Currencies

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Iran and Indonesia to trade in local currencies to reduce dollar dominance.
politics3 years ago

Iran and Indonesia to trade in local currencies to reduce dollar dominance.

Iran and Indonesia aim to increase their trade value to $20 billion and promote exchanges using national currencies. The two countries signed 11 documents and agreements to strengthen cooperation in various sectors. Iranian President Raeisi expressed Tehran's firm determination to improve relations with Muslim and neighboring states and highlighted the failure of oppressive sanctions to hinder Iran's progress. Raeisi also stressed the importance of establishing an inclusive government in Afghanistan with the participation of all ethnic and religious groups.