Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Russia mulls payments for oil in national currencies with Turkey and Iran

April 07, 3:36 UTC+3 ANOSINO

The parties are interested in it but there is also a matter of conversion of currencies and their further use, added Energy Minister Alexander Novak

Share
1 pages in this article
Energy Minister Alexander Novak

Energy Minister Alexander Novak

© Alexander Shcherbak/TASS

ANOSINO /Moscow region/, April 7. /TASS/. Russia is considering an option of payments for oil in national currencies, in particular with Turkey and Iran, Energy Minister Alexander Novak told reporters.

The parties are interested in it but there is also a matter of conversion of currencies and their further use, he added.

"There is a common understanding that we need to move towards the use of national currencies in our settlements. There is a need for this, as well as the wish of the parties. This concerns both Turkey and Iran - we are considering an option of payment in national currencies with them. This requires certain factors in financial and economic sector and in banking sector," he said.

Novak noted that if there is an opportunity to make payments in national currencies and companies are ready for it, it is necessary to study properly conversion of this currency and its further use.

Show more
Share
In other media
Реклама
Partner News
Реклама