An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Wednesday, April 1, 2020
Pakistan, China and Russia decide to conduct trade in local currencies skip dollars
The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dollars.
Business Recorder
Pakistan, China and Russia decide to conduct trade in local currencies skip dollarss/
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3 comments:
Not a flattering photo for Vlad.
As per usual, Xi looks like he'd rather be somewhere else.
Classic boy band photo
The Silk Road Boys?
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