Russia wants to decouple national-currency trade from dollar – RBK ...News

Russia Today - Economy
Russia wants to decouple national-currency trade from dollar – RBK
source : Russia Today ( News ) () 43
The exchange rate for transactions with ‘friendly’ countries is still calculated through the greenback Moscow is looking for ways to unpeg settlements with foreign partners from the US dollar, RBK reported on Saturday, citing sources in the financial market and the government. Russia has stepped up efforts to switch international settlements to national currencies after a number of Western nations placed sanctions on the country earlier this year in connection with the conflict in Ukraine. As sanctions jeopardized Russia’s transactions in euros and the dollar, these currencies have been deemed compromised. However

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