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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Russia is considering settling energy exports in euros and rubles

    Rocky
    Rocky
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    Russia is considering settling energy exports in euros and rubles Empty Russia is considering settling energy exports in euros and rubles

    Post by Rocky Sun 13 Oct 2019, 3:22 am

    Russia is considering settling energy exports in euros and rubles

    Russia is considering settling energy exports in euros and rubles 17519






    Economy News - Baghdad
    MOSCOW (Reuters) - Russia is considering using alternatives to the dollar in energy deals and is considering adjustments in euros and rubles to limit exposure to the United States, Economy Minister Maxim Orshkin said.
    "We have a very good currency. It's stable. Why don't we use it in global transactions," he said in an interview with the Financial Times on Sunday.
    "We want (gas and oil sales) to be in rubles at some point," he said.
    Russia will be able to sell energy exports in local currency as domestic bonds are booming among foreign investors, who hold 29 percent of the ruble's debt, Orshkin said.
    Russia has tried to reduce exposure to the United States through a policy of reducing dependence on the dollar to ease the impact of US sanctions.
    Russian assets came under pressure after the first round of Western sanctions imposed in 2014 after Moscow annexed Crimea from Ukraine.


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