Syrian-Russian talks for trade exchange using local currency ...Syria

The Russian Izvestia newspaper reported that the Syrian government is holding discussions with Russia to use local currencies (the ruble and the Syrian pound) in trade transactions between the two countries. According to what the newspaper reported today, Monday, August 5th, from the regime’s embassy in Moscow, Russia and Syria are discussing transitioning to settlements in national currencies in bilateral trade. There are ongoing meetings and consultations between representatives of the central banks in Syria and Russia, to explore the acceptance of national currencies in various financial and commercial transactions. A Russian source working in the banking sector confirmed to the newspaper

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