Sunday, August 12, 2018

Paul Antonopoulos — Turkey to Ditch U.S Dollar in Trade, Urges Europe to Follow Suit

Turkish President Recep Tayyip Erdogan said on Saturday that his country is ready to trade with partner nations using national currencies.
“We are preparing to carry out trade in national currencies with China, Russia, Iran, and Ukraine, which account for the bulk of bilateral trade. If European countries want to get rid of the pressure of the dollar, we are ready to create a similar system with them,” said the Turkish leader during a meeting in the Turkish city of Rize.
Fort Russ
Turkey to Ditch U.S Dollar in Trade, Urges Europe to Follow Suit
Paul Antonopoulos

See also

Geopolitics Alert
The Real Reasons why US-Turkey Relations Have Hit an All-Time Low
Jim Carey

Also
Russia will also have more settlement in roubles and other currencies, such as the euro, than in dollars, Siluanov said.
Reuters
Russia says will ditch U.S. securities amid sanctions: RIA

See also

Sputnik International
US Dollar Becoming Risky Instrument For Int'l Payments – Russian Minister

Also

Zero Hedge
Russia Finance Minister: We May Abandon Dollar In Oil Trade As It Is Becoming "Too Risky"

1 comment:

Bob said...

Erdogan discovers FOREX.