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The regulator wants to reduce reliance of the Indonesian financial markets on the greenback Indonesia’s central bank has spoken out against the use of the US dollar in export-import transactions, and called for a switch to local currencies in international payments to reduce dependence on the greenback, news portal Tempo.co reported on Friday.

Russian President Vladimir Putin held a phone conversation with his Iranian counterpart Ebrahim Raisi on Saturday, in which the leaders of heavily sanctioned nations discussed further ways to improve bilateral ties amid Western pressure.