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Euro Archives - Iran News Daily
Tehran Seeks Eliminating Dollar, Euro in Trade With China and Russia 21 Feb 2023

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

Euro Forecast, Pressing Higher 30 Dec 2020

Euro Forecast, Pressing Higher

The Euro has rallied a bit on Tuesday, reaching towards the 1.23 handle. This is an area that has a significant amount of resistance.

Economist: Iran should use euro instead of dollar 21 May 2018

Economist: Iran should use euro instead of dollar

TEHRAN – Iranian-German economist Mohssen Massarrat has said Iran should use the euro and maybe the yuan instead of the U.S. dollar in its transactions to hurt the U.S. economy. In an interview with the Shargh newspaper published on Sunday, Massarrat said such action has a low risk due to the Shanghai Cooperation Organization (SCO) […]

Iran Europe’s investment hub 22 Apr 2018

Iran Europe’s investment hub

Head of the Investment and Consultancy Services at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) says Iran can become an ‘investment hub’ for EU countries given its geographical position and large educated work force. According to a report by Monetary and Banking Research Institute in Tehran, Ferial Mostafi, the head of the TCCIM […]

Iran replaces dollar with euro in financial reporting 19 Apr 2018

Iran replaces dollar with euro in financial reporting

TEHRAN- The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements, IRNA reported. The government also put the central bank in charge of managing and announcing rial-to-euro exchange rate continually. The decision is made as part of the country’s effort to reduce its […]