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Flight to quality?

16 July 2007 By Martin Hutchinson

Asking Japanese refiners to pay in yen is unlikely to help Iran avoid sanctions. But it will be a good investment if the currency recovers. Even with low rates, the yen looks more attractive than the dollar or euro. Ahmadinejad may be as good at investment as he is at politics. Even with low rates, the yen looks more attractive than the dollar or euro. AhmadiNejad may be as good at investment as he is at politics.

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