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China buying oil from Iran with yuan

By: Yossel in TT | Recommend this post (0)
Tue, 08 May 12 2:19 PM | 122 view(s)
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8 May 2012 Updated at 05:50 ET

China buying oil from Iran with yuan

China is promoting the usage of the yuan as a rival international currency to the dollar

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China is buying crude oil from Iran using its currency the yuan, an Iranian diplomat has said.

link-
http://www.bbc.co.uk/news/business-17988142




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