The governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin has announced an agreement with Turkish banking authorities to use Iranian foreign exchange resources in that country.

According to The Iran Project,Farzin, who was part of a high-level political and economic delegation led by President Ebrahim Raisi to Ankara on Wednesday said that Iran has good foreign exchange resources in Turkiye and wants to use them more.

“We discussed with the head of the central bank, the minister of economy and other Turkish officials about how to use these resources resulting from Iran's gas export there”, he was quoted as saying.

Iran and Turkiye inked 10 cooperation documents aimed at boosting bilateral investment and economic cooperation during Raisi’s day-long official trip to the neighboring country.

Officials from the two sides held the eighth meeting of Iran-Turkiye Supreme Council of Economic Cooperation on Wednesday.