Iran replaces dollar with euro in financial reporting

Author : Admin | Thursday, April 19, 2018
Posted in category Iran, Iran News, Iran Press
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The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements. The government also put the central bank in charge of managing and announcing rial-to-euro exchange rate continually. The decision is made as part of the country’s effort to reduce its reliance on the U.S. currency.

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