Iranian markets? India taking less forward position (5)

I believe the answer is:

farsi

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'iranian' is the definition.
(Farsi is an example)

I can't explain the rest of the clue.

(Other definitions for farsi that I've seen before include "Modern Persian lang." , "Persian language" , "Language of Iran" , "Iranian language, also widely spoken in Afghanistan" , "Iran's official language" .)

I've seen this clue in The Independent.

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