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IPFS News Link • Economy - International

Iran May Reduce Use of Dollar, Tehran Papers Say

12-07-2006 • By Marc Wolfensberger - Bloomberg.com

Iran's oil export contracts for months have included a clause that allows the nation to seek payment in the euro and other currencies, creating a mechanism for a switch should Iran's policy change, according to traders who buy Iranian oil.

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Iran May Reduce Use of Dollar, Tehran Papers Say

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