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Posts tagged as “dollar”

EU and Russia reportedly agree to ditch dollar in Bilateral Transactions

EU and Russia reportedly agree to ditch dollar in Bilateral Transactions The decision comes a few days after Russian President Vladimir Putin slammed the US dollar as a tool of pressure while speaking at the St. Petersburg International Economic Forum (SPIEF). Russian Finance Minister Anton Siluanov and Maros Sefcovic, vice-president of the European Commission for the Energy Union, have agreed to set up a working group that will deal with a transition to using the rouble and euro in bilateral…

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