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Iran to sell oil in currencies other than euros,dollars

The important issue is to exclude euros and dollars, says Iran's first Vice-President.

July 23, 2010 9:33 by

Iran will switch to currencies other than euros and dollars for payment for its oil exports, a senior Iranian official was quoted on Friday as saying by the semi-official Mehr news agency.

“We are free to choose any currency for our oil sell and this issue depends on Iran’s interests…the important issue is to exclude euros and dollars,” said first Vice-President Mohammad Reza Rahimi.

“We will shift from euros and dollars to any other currency.”

(Writing by Parisa Hafezi, Editing by Sue Thomas)

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1 Comment

  1. Marco Antonio on August 10, 2010 6:09 pm

    Iran has every right to sell its oil in the currency it wants. Now is Venezuela’s turn to switch to pesos. Pretty sure no oil main producers will use euro or dollars. I love really Ahmadinajed!


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