Global Analysis from the European Perspective. Preparing for the world of tomorrow

Iran encourages Russia to ditch the dollar

Iran has suggested isolating the US by ditching the dollar during a meeting yesterday with Russian President Vladimir Putin in Tehran. Remonstrating against US threats to impose new sanctions and cancel the nuclear agreement, Supreme Leader Ali Khamenei said: “We can nullify US sanctions, using methods such as eliminating the dollar and replacing it with national currencies in transactions between two or more parties; thus, isolate the Americans.” Source Middle East Monitor

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