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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (206899)5/26/2007 5:09:35 PM
From: SirWalterRalegh   of 793868
 
The government(Iran) spokesman said Tuesday state bank interest rates were being cut to 12 percent from 14 percent and rates at private banks to 12 percent from 17 percent in a bid to create fair competition among lenders.

I thought Islamic teachings were against charging interest.
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