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Tag "Yen"

Iran wants oil pay in yen not dollars

Fri, 13 Jul 2007 21:39:03 The dollar has sharply plummeted against the yen this afternoon on reports Iran has asked Japan to stop paying for its oil in dollars. The dollar was driven down against the Japanese yen this afternoon, hit by the news that Iran had asked Japan to pay for its oil purchases in the Japanese currency and not in dollars. Iran has sent a letter to Japanese

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