Turkey, Russia and Iran reached an agreement to conduct bilateral trade in their own currencies, and to avoid the use of US dollars, Turkey’s state-owned Anatolia news agency reported. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Anatolia quoted the governor of Iran’s central bank, Abdolnaser Hemati, as saying an agreement had been reached that included all trade in petroleum, natural gas and other commodities as well as some banking issues and that meetings were planned between officials of the three central banks to finalize details. Hemati added that trade would be conducted at agreed exchange rates. The announcement of the agreement follows a meeting between Iranian President Hasan Ruhani, Turkish President Tayyip Erdogan and Russian President Vladimir Putin in Tehran on Friday. The meeting was reported on the Turkish president’s website, but there was no mention of any agreement on trade between […]