By bne Tehran bureau Iran and Russia have officially connected their interbank networks, enabling the use of Iranian banking cards in Russia’s ATM network, Central Bank of Iran (CBI) website reported on November 11. This significant step aims to simplify financial transactions for Iranian and Russian travellers, marking a milestone in economic cooperation between the two nations. Iran and Russia have been working to strengthen their banking systems since sanctions were imposed on Russia for more than a decade. Plans are underway to address the challenges faced by businesses in both countries. …