Russia undermines US greenback dominance by shifting commerce to native currencies
Posted On Wednesday, August 7, 2019 By Russian Opinion. Under Economy Tags: currencies, Dollar, dominance, local, Russia, shifting, Trade, undermines
Russia has almost halved the share of the US greenback in commerce with India and China and continued to cut back the usage of the buck in offers with the EU, sticking to its pledge to ...
Russia and one of many greatest importers of its weapons, India, have determined to make use of their nationwide currencies to switch funds for enormous protection offers with a view to skirt doable US sanctions, in ...
Moscow and Brussels are eager on rapidly extending the usage of the ruble and the euro to bilateral funds, the Russian Finance Minister stated, after a gathering with the European Fee for Power Union’s vice-president. Learn ...
Russia and China took one other step away from the US greenback after the 2 nations agreed to develop bilateral commerce utilizing the ruble and the yuan. Learn Extra at mysouth.su ...
US proposes penalties on nations it accuses of manipulating currencies
Posted On Friday, May 24, 2019 By Russian Opinion. Under Economy Tags: accuses, countries, currencies, manipulating, penalties, proposes
The US Commerce Division has proposed a brand new rule to impose anti-subsidy duties on merchandise from nations that Washington sees as undervaluing their currencies in opposition to the greenback to get a bonus in commerce. ...
Moscow and Tehran have “primarily” turned away from the dollar in bilateral commerce, and are utilizing the ruble and rial for funds, the Russian ambassador to the Islamic Republic has revealed. Learn Extra at mysouth.su ...
Bye-bye greenback: India & UAE comply with commerce in native currencies
Posted On Monday, December 10, 2018 By Russian Opinion. Under Economy Tags: agree, Byebye, currencies, Dollar, India, local, Trade
New Delhi and Abu Dhabi have inked a foreign money swap settlement to spice up commerce and funding with out involvement of a 3rd foreign money just like the US greenback. Learn Extra at mysouth.su ...
Russia has proposed that Argentina flip to funds in nationwide currencies for bilateral monetary transactions, in response to Russian Ambassador to the nation Dmitry Feoktistov. Buenos Aires is reportedly contemplating the thought. Learn Extra at mysouth.su ...
Russia and China ditching greenback for nationwide currencies fee system to keep away from sanctions
Moscow and Beijing are drafting a pact to extend the usage of the ruble and the yuan in bilateral and worldwide commerce. The international locations purpose to chop reliance on the US greenback to keep away ...
Russia’s Ministry of Financial Improvement stated on Thursday that Moscow and Beijing are engaged on an inter-governmental settlement to spice up using the ruble and yuan in mutual commerce settlements. Learn Extra at mysouth.su ...
