Skip to main content
Up to 53% offSee the plans
Back to videos

Currency

From Barter to an "Offshore Rial": Iran Seeks to Formalize Rial Afghani Trade Settlement (Saturday, July 4, 2026)

Sahmino editorial· 4 July· Short· 00:56

Watch onSahmino

The head of the Iran Afghanistan Joint Chamber of Commerce says Iran's goal is to turn the traditional rial afghani barter system into a formal banking platform, reducing exporters' reliance on third currencies. Under the latest official Afghan data (November 2024), Afghanistan exported only about $30 million worth of goods to Iran while importing roughly $1.8 billion from it, an imbalance the central bank's new "offshore rial" tool aims to address.

Related videos