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Iran’s ambassador to Moscow, Kazem Jalali, revealed on 24 August that entities in the two countries have started conducting trade in their national currencies for the first time.
The transactions were reportedly handled by the Russian Central Bank’s Mir system, according to Iranian state media. No further details were provided about the transactions.
That this was to happen was shared previously, here on SN, however this is the first confirmation that this activity has begun.
And this, which is related, was also shared:
And not unrelated, there is this: