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Cryptopolitan 2023-05-19 17:40:12

Russia and Iran ditch USD in bilateral trade settlements

With an estimated 80% of bilateral trade conducted in native currencies, Russia and Iran have demonstrated their ability to minimize the influence of the USD in their economic relations. Highlighting this shift, Russia’s Deputy Prime Minister Alexander Novak recently conveyed the extent of this transformation to the press. Embracing native currencies, and beyond The shared ... Read more

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