I would have thought that if it worked out badly for anyone it would be the Iranians.

If you're being paid, you want to be paid in money that is likely to keep it's value.

If they're paid in rupees they will lose in the long run due to inflation won't they?

Probably over simplistic on my part, but it seems logical.


Perhaps it could mean something for Europe if the favoured currency became the Euro.

I suppose the rules of demand and supply dictate that the currency more in demand will appreciate in value.

So maybe it comes down to what proportion of US dollar traffic trade in Iran constitutes?

Probably fairly small, but then when you are talking huge amounts, a tiny percentage can mean a big deal to jo schmo on the high road.

Just thinking off the top of my head like.