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Iran, India dump Petrodollar

Posted by seumasach on January 10, 2016

Just the Beginning: Iran, India Dump Petrodollar, Settle Oil Payments in Rupees

Russia Insider

6th January, 2015

Iran and India have announced that they intend to settle all oustanding crude oil payments in rupees, as part of a joint strategy to dump the dollar and trade instead in national currencies.

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This entry was posted on January 10, 2016 at 12:16 pm and is filed under Currency Wars. Tagged: , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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