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The idea was originally proposed by Judiciary Chief Ayatollah Seyed Mahmoud Hashemi Shahroudi, Fars reported.
CNN: Moussavi, Khatami blast Iran trials
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Iranian Ambassador Seyed Nehdi Babizedeh confirmed Iran had opened accounts in Indian banks to process the payments in Indian currency.
BBC: India and Iran reach oil pay deal despite sanctions
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Interpol has confirmed that the passports, which their owners reported stolen, were used by two Iranian citizens, 29-year-old Seyed Mohammed Reza Delavar and 18-year-old Pouria Nourmohammadi.
BBC: How safe is your passport?
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The latest sign of this was the assassination attempt on Grand Ayatollah Seyed Mohammed Said al-Hakim, a leading Shia Muslim cleric, in the Iraqi holy city of Najaf on Sunday.
ECONOMIST: Iraq's security void
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But in reality that has proved impossible for Seyed Hassan Nasrallah, the leader of Hezbollah, and his main opposition in Lebanese politics, the March 14th faction led by former Prime Minister Saad Hariri.
WSJ: As Syrian Crisis Intensifies, Fight Bleeds Into Lebanon
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"We have Seyed Hassan Nasrallah, God protect his life, behind us, and we are not afraid of those people, that trash, " said Zuhair Sweid, the chief security guard for the car showroom where one of the rockets struck.
WSJ: Rockets Hit Hezbollah Strongholds in Beirut