Rise of the Petro-Yuan: Yuan best alternative for dollar as anti Iran sanctions loom

Yuan best alternative for dollar

Yusef Jalali
Press TV, Tehran

As Iran is facing a fresh wave of US sanctions targeting its metal, gold and the acquisition of the US dollar, analysts say the country should try to ditch the greenback.

Observers believe the countries facing US sanctions are looking to use their national currencies instead of the dollar for bilateral trade. Press TV correspondent Yusef Jalali reports.

 

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