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Merlin
Moscow to cut dependence on U.S. payment systems: RIA
Mon Aug 7, 2017 11:09am
24.187.22.34

Moscow to cut dependence on U.S. payment systems: RIA

ttp://www.reuters.com/article/us-usa-trump-russia-sanctions-response-idUSKBN1AN13Q?il=0





Poor Putin. :-(


Thing is that nobody, regardless of their politics or economic ideology, is willing to settle in Russian RUB.

Thing is that everyone wants to be holding USD, including Russia, ISIS, etc., not because of any political or economic ideology, but because USD is de facto the currency of choice because it is readily accepted everywhere regardless of the amount involved because USD are, compared to every other currency, sound, stale, and liquid.

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