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russia de-dollarization – DIGIT INFO

Russia and China De-dollarization Approaching ‘Breakthrough Moment’

China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements in the first quarter, the Financial Times … Read more

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