Press TV - Iran Oil Bourse to deal blow to dollar
Iran Oil Bourse to deal blow to dollar
Fri, 04 Jan 2008 20:45:41
 Iran's Finance Minister Davoud Danesh-Jafari |
Iran's Finance Minister Davoud Danesh-Jafari told reporters the bourse will be inaugurated during the anniversary of the Islamic Revolution (February 1-11) at the latest.
"All preparations have been made to launch the bourse; it will open during the Ten-Day Dawn (the ceremonies marking the victory of the 1979 Islamic Revolution in Iran)," he said.
The Minister had earlier stated that the Oil Bourse is located on the Persian Gulf island of Kish.
Some expert opinions hold inauguration of the bourse cold significantly devalue the greenback.
is a new iranian oil pit the reason for a possible invasion? iran stopped accepting dollars for oil in dec 2007. did you know that saddam hussein stopped accepting dollars for oil and America invaded a few months later? -read between the lines. -st0ckman
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