Iran And Russia Sign Agreement On Payment Systems Integration
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 7. Governor of the
Central bank of Iran Mohammad Reza Farzin has announced the signing
of the first currency agreement with Russia, Trend reports.
"During a bilateral meeting between the heads of the central
banks of Iran and Russia at the Bank of Russia's financial congress
held in St. Petersburg on July 4, a currency agreement was signed
to ensure the liquidity of national currencies in commercial
transactions," the Iranian governor said.
Farzin added that Russia and Iran have finalized the integration
of Russia's Mir payment system with Iran's Shetab. Iran's Shetab
payment system will likely be launched in Russia by the end of
August.
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