Isnt this what weve been saying all along, AC Moor? Apparently Russia and China has just held a De-dollarization meeting, and Iran is ready to drop the USD. Its just a matter of time: Russian press reports that the countrys Ministry of Finance is ready to greenlight a plan to radically increase the role of the Russian ruble in export operations while reducing the share of dollar-denominated transactions. Governmental sources believe that the Russian banking sector is ready to handle the increased number of ruble-denominated transactions.
Posted on: Wed, 14 May 2014 02:12:58 +0000
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