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Keep your eye on the ball.
Echoing a wider move away from the US dollar, the Indonesian government and the central bank, Bank Indonesia, may begin to use the euro in export-import transactions and foreign-exchange reserves.Who's next? Iran?
The statement was made by Finance Minister Boediono, Bank Indonesia governor Syahril Sabirin and senior deputy governor Anwar Nasution here on the weekend in connection with state oil company Pertamina's plan to use the euro in its trade transactions.