🚨 Major Shift in Global Trade Dynamics: Iran & Russia Drop the Dollar! 🚨

🌐 TEHRAN, Nov. 12 (MNA) — In a bold move to counteract Western sanctions, Iran has completely removed the US dollar from its trade transactions with Russia! This groundbreaking financial arrangement signals a shift toward greater economic independence and resilience.

🔹 Key Highlights:

Monetary Alliance 🤝: Iran’s Central Bank Governor Mohammad Reza Farzin confirmed that Iran and Russia now use a non-dollar-based settlement system, avoiding the SWIFT banking network.

Sepam System Usage 📲: The two countries rely on Iran’s Sepam financial messaging service, bypassing the SWIFT network and enabling secure transactions.

Linked Payment Systems 💳: Iranian bank card holders can now withdraw cash from ATMs in Russia. The next phases will soon allow Russian card holders to access services in Iran and enable Iranians to shop in Russia with ease!

🔗 Future Expansion: Farzin hinted at plans to expand this payment linkage with other countries, aiming for a broader global financial network beyond traditional banking systems.

💡 What This Means:

Economic Resilience: Iran and Russia's collaboration is a strategic response to Western financial restrictions, strengthening their trade ties and supporting local economies.

Reduced Dollar Dependence: This move reflects a shift away from the dollar-dominated global economy, potentially paving the way for other countries to explore similar arrangements.

🔥 Could This Spark a New Era of De-Dollarization? Keep watching as more countries might consider alternative trade solutions!

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