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Bitcoin.com 2023-05-19 07:30:24

Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements

The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using national currencies and that they are considering also the usage of the Chinese yuan. 80% of Russia-Iran

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