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Iranian member of the parliamentary board of directors said fading role of western currencies such as dollar in Iran's trade exchanges with Turkey has started and it will spread to Russia and Azerbaijan.

Iran's Deputy Chairman of Stock Exchange Organization in International Affairs said implementing the Custodian project, which links Iran's capital market to Greece can join Iran to more than 30 prominent markets in the world.

Iran's Head of Special Commission of Protection from National Production and Supervision of Principal 44 in parliament in his visit with the chairman of Malaysia's parliament emphasized the removal of banking barriers for Iranian economic activist in Malaysia.

Iran's Minister of Economy reports Iran-Russia's trade volume increased by 70 percent in recent year, adding the removal of banking barriers and establishing banking activities grounds are the result of Iran and Russia's expanded relations.

Iran oil exports to its Asian buyers in September stood at 1.9 million bpd, increased more than 5 percent from a year earlier.

Iran's Minister of Economy in an interview said, Iran and Azerbaijan can use their national currencies in bilateral commercial and economic activities and also expand banking cooperation.

Iran's inflation rate in Mehr month ending up to September fluctuated between 5.5 to 11.4% in various sectors and total inflation reached 9.8 percent.

CEO of Export Development Bank of Iran says Iran's brokerage relation with South Africa, Uganda and Niger will be established.

Iran and Azerbaijan have reached the agreement to increase the business hours of two countries' customs.

Iran's Minister of Economic Affairs and Finance will travel to Baku ,capital of Azerbaijan, on Thursday.