Posts tagged as de-dollarising

Russia, facing more U.S. sanctions, seeks to de-dollarise its economy

Thursday, November 8, 2018

The Russian government seeks to turn its back on the U.S. dollar in its economy, while the U.S. plans serious new sanctions that could cut Russia’s access to foreign debt markets. French news agency AFP reported on Tuesday, November 6, that Washington announced that it was preparing new sanctions against Moscow over the Skripal poisoning in Britain, after August sanctions made the ruble fell to its lowest level against the…