Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Hamas: We renew our pledge to our brave prisoners and their families that they will remain at the heart of our priorities, and we will not rest until the last prisoner enjoys freedom.
Hamas: We are awaiting the final approval of the names ahead of announcing them through the Prisoners’ Media Office.
Hamas: We affirm that we have submitted the lists of Palestinian prisoners according to the agreed-upon criteria within the framework of the agreement.
Gaza Media Office: We urge our people not to move around Al-Rashid and Salah al-Din streets or their surrounding areas.
Gaza Government Media Office: We stress to our Palestinian people the need to exercise maximum caution during their movements and travel.
Guterres: I urge all concerned to abide fully by the terms of the agreement.
Guterres welcomes the announcement of an agreement to secure a ceasefire and the release of captives in Gaza, based on President Trump’s proposal.
Trump to Netanyahu: I will arrive in "Israel" on Sunday and deliver a speech at the Knesset.
Senior White House official to Al Mayadeen: The withdrawal will take less than 24 hours, after which the 72-hour period will begin.
Senior White House official to Al Mayadeen: After the Israeli government approves of the agreement, "Israel" will be required to withdraw to the demarcation line.

Iran, Indonesia to use national currencies in trade

  • By Al Mayadeen English
  • Source: Agencies
  • 23 May 2023 17:48
  • 1 Shares
2 Min Read

Earlier this morning, Iranian authorities announced on Telegram that Iran and Indonesia signed 11 documents pertaining to cooperation in various fields.

  • x
  • Iranian President Ebrahim Raisi and Indonesian President Joko Widodo walk upon their meeting at the Presidential Palace in Bogor, Indonesia, May 23, 2023. (Reuters)
    Iranian President Ebrahim Raisi and Indonesian President Joko Widodo walk upon their meeting at the Presidential Palace in Bogor, Indonesia, May 23, 2023 (Reuters)

Iranian President Ebrahim Raisi said on Tuesday that Tehran and Jakarta have agreed to make additional steps towards stronger economic and financial cooperation through the use of national currencies in mutual trade and financial transactions.

"The target set for the development of trade and economic relations between the two countries … is $20 billion. If we do not describe the sum in [US] dollars, we should say that [we mean] an equivalent of this sum in [Indonesian] rupiahs and [Iranian] rials, which are the national currencies of the two countries. And we have decided to cooperate with this country and other countries using our national currencies," Raisi said at a meeting with his Indonesian counterpart Joko Widodo, as quoted by the Tasnim news agency.  

Read more: Indonesia launches national payment system to replace VISA, MasterCard

Related News

South Africa praises BRICS bank shift toward national currency use

About 24% of BRICS investment transactions made in national currencies

Earlier this morning, Iranian authorities announced on Telegram that Iran and Indonesia signed 11 documents pertaining to cooperation in various fields, including the preferential trade agreement (PTA) which would enable exchanges to occur through the use of national currencies as well as other documents relating to visa-free travel, cultural exchanges, pharmaceutical production, and joint energy and science projects. 

Presiden Joko Widodo dan Presiden Republik Islam Iran, Seyyed Ebrahim Raisi, membahas situasi geopolitik dunia dan menyepakati sejumlah kerja sama dalam pertemuan bilateral keduanya di Istana Kepresidenan Bogor, Provinsi Jawa Barat, Selasa, 23 Mei 2023. pic.twitter.com/Iuv2dNVjUD

— Mega Kumalasarie (@megakumalasarie) May 23, 2023

The Iranian President landed in Indonesia on May 23 upon Widodo's invitation. 

Iranian Foreign Minister Hossein Amirabdollahian said the visit is a landmark moment in the history of the two countries' relationship. 

Read more: Iran-China trade turnout exceeds $5bln in Q1
 

  • de-dollarization
  • Indonesia
  • Iran

Most Read

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
The Palestinian resistance and the people of Gaza showed that after combating Israeli aggression for two years, they remain victorious in the face of oppression (Mahdi Rteil/Al Mayadeen English)

Al-Aqsa Flood two years on, a tale of victory

  • Politics
  • 6 Oct 2025

Coverage

All
War on Gaza

Read Next

All
An Israeli armored vehicle moves on a street of a local market during a military raid in the West Bank refugee camp of Balata, Wednesday, October 8, 2025 (AP)
Politics

Israeli settlers kill Palestinian youth near Ramallah amid raids

Russian Foreign Minister Sergey Lavrov speaks during the Moscow format consultations on Afghanistan in Moscow, Russia, Tuesday, Oct. 7, 2025 (AP)
Politics

Iran interested in resuming nuclear talks: Lavrov

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a news conference at the International Monetary Fund (IMF) headquarters in Washington, April 25, 2025 (AP)
Politics

IMF head flags US budget, Europe Defense spending challenges

Prime Minister of Italy Giorgia Meloni addresses the 80th session of the United Nations General Assembly, Wednesday, Sept. 24, 2025, at UN headquarters (AP)
Politics

Meloni faces ICC complaint over Gaza genocide complicity with Israelis

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS