Russian president says it is not his country's duty to persuade Iran to withdraw its forces from Syria.

The Venezuelan government has decided to stop using the US dollar during foreign transactions.

Russian deputy prime minister expresses Moscow's interest in increasing share of national currencies in international trade.

In an effort to end dependence on the US dollar, Iran, Russia and Turkey have decided to trade in their national currencies.

Official figures show inflation in Turkey rose again in August to nearly 18 percent in what is seen as a record high level since late 2003.

Serious signs have appeared in Iran that show the country’s volatile foreign currency market is already heading toward stability.  

Belarus has called for ditching dollar trade in favor of national currencies in its trade with Russia.

Valiollah Seif, the governor of the Central Bank of Iran (CBI), says a plan is on agenda to issue foreign currency bonds in an effort that he says is meant to ease the current fluctuations in the forex market.

Pakistan says it will be replacing the US dollar with the Chinese yuan in bilateral trade with China.

The Turkish currency was thrashed earlier by an unanticipated sharp rise of inflation back in December.