Wednesday, February 1, 2017

Alice Salles — Iran Just Officially Ditched the Dollar in Major Blow to US: Here’s Why It Matters

Following President Donald Trump’s ban on travelers from seven predominantly Muslim countries, the Iranian government announced it would stop using the U.S. dollar “as its currency of choice in its financial and foreign exchange reports,” the local Financial Tribune reported.
Iran governor Valiollah Seif’s central bank announced the decision in a television interview on January 29. The change will take effect on March 21, and it will impact all official financial and foreign exchange reports....
Iran is trying to assert leadership in the Islamic world by dropping the USD in response to the US immigration halt aimed at certain predominantly Muslim countries.

The AntiMedia
Iran Just Officially Ditched the Dollar in Major Blow to US: Here’s Why It Matters
Alice Salles

2 comments:

David Swan said...

Did not provide information pertaining to "Why it matters". Because it doesn't?

Tom Hickey said...

Link fixed.