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.
Check Also
A Renewed Iranian Push for the Nuclear Bomb
The Iranian regime is once again racing to acquire nuclear weapons. In doing so, it …