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Iran Prepares to Ditch Dollar in International Trade

Iran would either introduce a new common currency, in place of the US dollar, or use a portfolio of various currencies in foreign exchange and financial reports, according to Valiollah Seif, governor of the Central Bank of Iran.
Iranian media quoted Seif saying that the initiative would begin in March 2017, at the start of the fiscal year.
Trump signed an executive order on immigration last Friday, ostensibly to protect Americans from terror attacks. Under the order, immigrants from Iran, Iraq, Syria, Somalia, Libya, Sudan and Yemen will not be allowed to enter the US for 90 days. Additionally, the US refugee program is suspended for 120 days, and the acceptance of refugees from Syria is suspended indefinitely.

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