By bne Tehran bureau Iran has launched ACUMER, a new banking platform designed to circumvent international sanctions and enhance trade with Asian partners. Farzin, speaking at the 11th Annual Modern Banking and Payment Systems Conference, said the ACUMER system, designed for Asian countries, became fully operational on October 2nd. Iran’s Central Bank has been pursuing de-dollarisation plans to break away from the Belgium-based SWIFT system in recent years. Tehran has been openly developing an alternative to SWIFT, which is used by the members of the Asian Clearing Union, of which Iran and Ind…

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