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
Rubio: 'Very short window', maybe days, for Hamas to accept deal
Al Mayadeen correspondent to southern Lebanon: Israeli warplanes launched a raid on the Ksar Zaatar neighborhood in western Nabatieh.
Al Mayadeen's correspondent in Gaza: The tower destroyed by the Israeli occupation in Gaza includes media offices, including Al Mayadeen's bureau.
Al Mayadeen's correspondent in Gaza: Four fetuses and three premature babies died at Nasser Medical Complex due to malnutrition
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City

Tehran stock exchange launches trading in Iranian rial, Russian ruble

  • By Al Mayadeen English
  • Source: Agencies
  • 20 Jul 2022 18:08
3 Min Read

IRNA says some two million rubles were traded in the Iranian stock market with a ratio of 5,390 rials per ruble.

  • x
  • Iran's Tehran Stock Exchange (Archive)
    Iran's Tehran Stock Exchange (Archive)

Iran's Tehran Stock Exchange launched Tuesday trading in the Iranian rial and Russian ruble, Iranian state-run news agency IRNA reported.

According to the agency, some two million rubles were traded in the Iranian stock market on Tuesday with a ratio of 5,390 rials per ruble.

Iranian Central Bank Governor, Ali Saleh Abadi, indicated that trading with domestic currencies in the foreign exchange market will further strengthen economic relations with Moscow.

Saleh Abadi explained that this move would exclude the role of other foreign currencies such as the US dollar and euro in the Iranian market.

This comes after Russian President Vladimir Putin visited Iran on Tuesday.

Related News

Ukraine moves to ban Orthodox Church over alleged Moscow ties

Kiev accused of using Russian woman in suicide bomb plot: FSB

During his meeting with Iranian President Ebrahim Raisi, Putin said the relations between the two countries have been developing at a good pace while making significant contributions to peace settlements in Syria, in addition to bilateral trade being at record highs. 

"We can boast of record figures in terms of trade growth. We are strengthening our cooperation on international security, making a significant contribution to the settlement of the Syrian crisis," Putin said during the meeting.

Peskov: Russia, Iran will eventually abandon US dollar

Earlier, Russian Presidential Spokesperson Dmitry Peskov said Russia and Iran will with time abandon the use of US dollars as they contemplate bilateral trade. 

"We all know that trade and economic relations between the two countries slightly exceeded four billion US dollars last year, although it may be wrong to count it in US dollars, and over time, we will probably move away from this practice as we develop our cooperation in the banking financial sector," Peskov said while addressing Putin's visit to Iran. 

Peskov noted that Moscow and Tehran are friends and reliable partners. 

Furthermore, the official said net trade between Russia and Iran grew 31% over the last few months, describing an upward trend in sales.

Similarly, Kremlin aide Yury Ushakov had said in a statement that "Iran is an important partner of Russia, relations are of a friendly nature, have a long history, and are developing very effectively in the widest range of areas. Both sides have plans to bring bilateral cooperation to a new level — the level of strategic partnership. A new interstate agreement is being prepared.”

  • Moscow
  • Kremlin
  • Ebrahim Raisi
  • Russia
  • Tehran
  • Dmitry Peskov
  • Vladimir Putin
  • Iran

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
President Nicolas Maduro gestures to supporters during the inauguration of a monument in China's honor on the 80th anniversary of the end of World War II, in Caracas, Venezuela, Wednesday, September 3, 2025 (AP)
Politics

Maduro warns of threats, urges 'battle for truth' to defend Venezuela

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, Wednesday, Sept. 10, 2025. (AP Photo/Jon Gambrell)
Politics

Netanyahu informed Trump before deadly attack in Doha: Reports

Israeli Prime Minister Benjamin Netanyahu and US Secretary of State Marco Rubio hold a joint press conference at the Prime Minister's Office, during Rubio's visit, in occupied al-Quds, occupied Palestine, Monday, September 15, 2025 (AP)
Politics

Netanyahu warns of Israeli isolation, calls to boost self-reliance

Spain axes €700Mln arms deals with 'Israel' over Gaza genocide
Politics

Spain axes €700 mln arms deals with 'Israel' over Gaza genocide

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