The Next Station, Dollar Elimination
The Shanghai bus with choosing the Islamic Republic of Iran passed the station of West’s cruel sanctions against Iran and some other members of the Shanghai Cooperation Organization (SCO).
Dollar Accounts Only for Less Than 10% of Iran Foreign Trade
Economy Minister economic spokesman of the government Ehsan Khandouzi says: Today, the share of the dollar in Iran's foreign trade has shrunk to less than ten percent, while two years ago, according to the information of the Central Bank of Iran (CBI), the dollar's share was nearly 30 percent.
Ditching Dollar to End U.S. Dominance
For centuries, the U.S. has tried to dictate itself on the other countries in the world and one of its tools for dominance over the nations has been its currency, dollar, which has been used as a weapon to bring down the nations and their economies, and it had made this country as the economy number one in the world but it seems the world is gradually awakening and nations have decided to fight with this economic weapon through ditching the dollar and soon the U.S. dollar will lose its grandeur and will become an ordinary currency.
Tehran Seeks Eliminating Dollar, Euro in Trade With China and Russia
Minister of Finance says Iran seeks trade with China and Russia in yuan and roubles and wants to eliminate euro and dollar in its trade with these two countries
Tehran Blasts Washington for Weaponizing Dollar
Foreign Minister spokesman Saeed Khatibzadeh said that the United States’ extraterrestrial sanctions proved to everyone, including Europeans, that it has weaponized dollar as a mass destruction weapon.
The Week Ahead, Economic Data
It’s a particularly busy week ahead on the economic calendar, with 95 stats in focus in the week ending 18th December.
Price of Gold Fundamental Weekly Forecast
Bullish gold investors received a couple of gifts last week – Democrat Joe Biden was elected president of the United States and the U.S. Federal Reserve reiterated their support for the economy.
Rial Gains After Trump’s Sickness Hurts Re-election Chances: Report
Iran’s rial has strengthened against the US dollar in the unofficial market mainly on speculations that US President Donald Trump’s sickness could hurt his re-election chances.
Monetary Base Expansion of Iran Is Modest; CBI Says
The country’s monetary base expansion in the first half of the current Iranian year was a modest one as he dismisses claims the lender used extra finances to fund imports.
Seven Arrested for Disturbing Exchange Market
Police have captured seven people in the Iranian capital over disruptive activities in the country’s exchange market.