Iran says to drop trade in 'filthy' dollar, euro

TEHRAN — Iran is to stop all trade and oil exports in dollars and euros in retaliation against Western sanctions over its nuclear programme, a top official was quoted as saying Tuesday.

"We are going to remove dollar and euro from our foreign currency basket and replace them with (Iranian) rial and all other currencies of the countries which accept to cooperate with us," leading economic daily Doniye e-Ektesad quoted First Vice President Mohammad Reza Rahimi as saying.

Full Story Here