In an effort to bypass US-imposed sanctions, India and Iran have reportedly ditched the US greenback and are buying and selling oil in rupees. The rationale turns into clear after contemplating the dynamics at play within ...
High 5 international locations opting to ditch US greenback & the explanations behind their transfer
The previous yr was stuffed with occasions that inevitably break up the worldwide geopolitical area into two camps: those that nonetheless assist utilizing US forex as a common monetary device, and those that are turning their ...
Certainly one of Russia’s state-run banking giants sanctioned by the US, Promsvyazbank, has introduced its safety deposits payable to worldwide cost methods – Visa and Mastercard – all the way down to a minimal. Learn Extra ...
The Moscow-Damascus Intergovernmental panel has reached a collection of agreements, together with switching to nationwide currencies in mutual settlements and industrial power exploration in Syria. 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 ...
BRECKENRIDGE HILLS • A Tennessee lady grabbed two knives from the shelf at a Household Greenback retailer right here Tuesday and started stabbing a buyer within the head, fatally wounding the sufferer. Cameka Cathey, 34, of Memphis, was charged with first-degree homicide and armed prison motion within the assault. She ...
By undermining Russia’s use of greenback US ‘capturing itself not within the foot however a bit larger’ – Putin
Posted On Thursday, November 29, 2018 By Russian Opinion. Under Economy Tags: Dollar, Foot, higher, itself, Putin, Russia's, shooting, undermining
Russia is shifting away from the US greenback, however to not the detriment of its personal pursuits, Russian President Vladimir Putin mentioned whereas talking on the international funding discussion board in Moscow on Wednesday. Learn Extra ...
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 ...
Aside from barter commerce, Tehran and Baghdad are mulling the thought of utilizing the Iraqi dinar for mutual transactions to scale back reliance on the US greenback amid banking issues Iran is dealing with because of ...
