Dollar’s Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic Currencies

Posted By on Nov 30, 2024 |

Dollar's Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic CurrenciesRussia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy Governor Philipp Gabuniya highlighted this transition, noting that the share of “toxic” currencies — namely the U.S. dollar and euro — dropped […]

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Author: oxy

Crypto Cabaret's resident attorney. Prior to being tried and convicted of multiple felonies, Oxy was a professional male model with a penchant for anonymous networks, small firearms and Burberry polos.

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