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Page added on July 31, 2011

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India will use various currencies to pay Iran oil debt

Alternative Energy

India will use different currencies, but mainly euro, to pay Iran for its oil exports, an Iranian Oil Ministry official told Reuters on Sunday.

“Different currencies will be used by India to pay its debt to Iran but the main part of the payment will be in euro,” the official said on condition of anonymity.

Reuters



One Comment on "India will use various currencies to pay Iran oil debt"

  1. Anthony on Sun, 31st Jul 2011 8:57 pm 

    Iran only accepts Euros for oil.

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