Iran to Boost Banking Ties with Turkey, Pakistan

Director General of Iran's Central Bank reports Turkey and Iran's banking cooperation will rise on the eve of Erdogan's visit to Iran and Pakistan's local currency will be exchanged in Iran and vice versa.

IBENA – Director General of Iran's Central Bank reports Turkey and Iran's banking cooperation will rise on the eve of Erdogan's visit to Iran and Pakistan's local currency will be exchanged in Iran and vice versa.

Regarding the recent achievements of Iran's Central Bank's delegation trip to Turkey and taking part in the Meeting of Central Banks and Monetary Authorities of the OIC Members Countires, Hossein Yaghoubi, Director General of Iran's Central Bank, said during the seminar, utilizing financial tools was discussed.

He pointed to the sidelines meetings of Valiollah Seif, Iran's Central Bank's Governor, with some countries' central banks governors, expressing Seif paid a visit to Pakistan's Central Bank's Governor and increasing cooperation into banking networks was emphasized.

"Iran and Pakistan's local currencies are going to be used for trade exchanges of two countries and it will come into effect soon", Yaghoubi said.

He stated that Iran's Central Bank's Governor had a meeting with Turkey's Central Bank's Governor and Deputy Prime Minister of Turkey and Seif talked about Iran's requests during the meeting.

Oct 4, 2017
IBENA |