Associate Partner
Countdown

  • SENSEX
    NIFTY 50
Business

Indian refiners to pay Iran in rupee for oil imports instead of dollar

Updated : September 20, 2018 07:44 PM IST

With this decision, India is expecting the Iranian oil payment concerns to be eased within the next eight to ten days. 
The payments will be done through the Iran federal bank branch in Mumbai.
Like last sanctions, Iran could use the rupee to pay for imports from India.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV
Advertisement