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Strategies & Market Trends : India Stocks
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From: Julius Wong3/28/2012 7:39:11 AM
   of 2517
 
India Said to Plan Using Foreign Currency for Iran Oil Deals
By Pratish Narayanan and Anto Antony - Mar 28, 2012

India may continue paying for Iranian (OPCRIRAN) oil in foreign currencies until European Union sanctions take effect in July, when buyers will start using rupees, according to two people with knowledge of the matter.

bloomberg.com
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