In Iran, Iranian Rial to replace euros and dollars

Tehran wants to completely eliminate the use of the euro and U.S. dollar in economic transactions and to switch to the rial. This was stated by the Minister of Economy and Finance of Iran, Shamseddin Hosseini.

The official also noted that after the imposition of sanctions by Western countries, the Central Bank of Iran shifted its foreign exchange reserves to gold, getting a big profit from the rise in prices for the metal