01-30-2008, 03:08 AM
<b>Iranians diverting trade with India</b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->KARACHI - <b>Pakistanâs export orders for Iran are being shifted to India</b> and other regional countries on account of inflexible attitude of SBP to the issue of letter of credit and discount rates offered by all scheduled banks as the central bank had already instructed all scheduled banks not to transact export commodity bills in Iranian currency and Euro, it was learnt on Monday.<!--QuoteEnd--><!--QuoteEEnd-->
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