Russia Ditches the Dollar in More Than Half of Its Exports
by Natasha Doff and Andrey Biryukov, Bloomberg: The dollar share of Russian exports dropped below 50% for the first time on record in the fourth quarter following a multi-year Kremlin campaign to reduce the country’s vulnerability to U.S. assets. Most of the slump in dollar use came from Russia’s trade with China, more than three-quarters […]
Source: https://www.sgtreport.com/2021/04/russia-ditches-the-dollar-in-more-than-half-of-its-exports/
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