Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, April 8, 2014

Russia Announces Decoupling Trade From Dollar

Russia Announces Decoupling Trade From Dollar

By Peter Koenig

Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners - no longer in dollars.

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