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MarketTicker Forums Read Message in NotSoBreakingGeo
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User Info India: Central Bank Official: Exploring Options To Pay Iran in forum [NotSoBreakingGeo]
Lplate
Posts: 4737
Incept: 2008-08-06
Gold
Australia
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Quote:

http://www.foxbusiness.com/news/2012/01/....
January 30, 2012

NEW DELHI – India is considering several options including paying in rupees to settle its oil import bills with Iran, a top central bank official said Monday, as the South Asian nation maintained its stance of continuing oil trade with Tehran.

"There are different [payment] options which are being evaluated," Reserve Bank of India Deputy Governor H.R. Khan told reporters in New Delhi, but without disclosing the other possible options.

"Oil imports are continuing," he added...

Landshark
Posts: 11325
Incept: 2008-02-07
Silver
The Wild West
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Time to move in and use a little force to stop this nonsense.

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Success in life is a matter not so much of talent and opportunity as of concentration and perseverance.

– C. W. Wendte
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