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Financial Tribune- Bank Sepah plans to establish branches in China and South Korea since Iran’s trade value is considerably high with these two countries, said an official with Bank Sepah, adding that they already have active branches in Rome, London and Paris. “Before the sanctions, Sepah’s foreign exchange transactions stood at $7 billion and we […]
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Brazil could waive U.S. dollar to bolster Iran trade – minister
February 17th, 2016 
Awake Goy Brazil will accept payment from Iran in euros and other currencies for planes, cars and machinery to sidestep lingering U.S. sanctions on the oil-rich nation, Trade Minister Armando Monteiro told Reuters on Tuesday. Monteiro is the first Brazilian official to confirm that Latin America’s biggest economy could accept payment in currencies including the euro from […]
