Abdolnasser Hemmati and his accompanying delegation made the trip on Tuesday.
The visit is being carried out in line with expanding financial cooperation and strengthening banking interactions between the two countries.
The two sides are expected to discuss solutions for facilitating monetary exchanges, enhancing cooperation between central banks, and establishing new mechanisms to increase the volume of economic transactions.
The banking relationship between Iran and Russia has evolved significantly in recent years, largely due to the tightening of Western sanctions against both states.
Aiming to reduce their reliance on the US dollar and simplify trade exchanges, Iran and Russia have pursued substantial joint efforts to link banking networks, expand national currency usage, and establish alternative settlement mechanisms.
The most important measures adopted so far include connecting the two countries’ financial messaging systems, scaling up rial- and ruble-based settlements, and promoting joint activities between commercial banks.
Experts believe that strengthening Iran-Russia banking relations could lead to increased trade, reduced financial costs, and greater economic resilience in the face of international sanctions, yet this depends on resolving a number of technical, legal, and implementation-related challenges.
IRNA