Iran and Russia conduct 80% of trade in local currencies, says official

[Daily News Egypt - Egypt] - 23/10/2025
More than 80 per cent of trade between Iran and Russia is now conducted using their national currencies, the rial and the rouble, a senior business official has said. The move signals a major step toward closer bilateral cooperation, according to Leonid Lozhechko, Chairman of the Russian-Iranian (…)
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