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Iran bans use of US dollar in trade as petrodollar becomes increasingly irrelevant

Tags: iran dollar

Iran moved a step closer to a plan to ditch the Dollar in its trade activities by announcing that purchase orders by merchants that are based on the greenback would no longer be allowed to go through import proceedings. Iran’s domestic media reported that the policy was in line with an official request by the …



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Iran bans use of US dollar in trade as petrodollar becomes increasingly irrelevant

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