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Russia Plans Return To Trading In US Dollar System - Foreign Affairs - Nairaland

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Russia Plans Return To Trading In US Dollar System by RaySimran(op): 7:45pm On Feb 12
Russia Memo Sees Return to Dollar System in Pitch Made for Trump

The Kremlin has set out proposals that could see Russia embrace the dollar again as part of a wide-ranging economic partnership with the Trump administration, according to an internal Russian document reviewed by Bloomberg.

The high-level memo, which was drafted this year, details seven points where, in the Kremlin’s view, Russian and US economic interests could converge following a deal to end the war in Ukraine. It sees the two countries working together to champion fossil fuels over greener alternatives as well as joint investments in natural gas, offshore oil and critical raw materials plus windfalls for US companies.

The proposal, which was circulated among senior Russian officials, provides previously unreported insight into Kremlin thinking and tactics at a moment when potential economic agreements between the US and Russia are being negotiated as a key plank of any future peace accord for Ukraine.

At the heart of the offer is Russia’s return to the dollar settlement system, a move which would mean a stunning reversal of Kremlin policy and, potentially, a dramatic shake up for global finance.

The US has already proposed gradually lifting sanctions on Russia as part of any peace agreement, a necessary first step for the country to start transacting in dollars again. But what the Kremlin memo considers would go far further.

Until now, finding alternatives to the dollar, rather than restoring links to the US-led system, has been a key goal for Russia as President Vladimir Putin sought to deepen his relationship with China. For that reason, western government officials familiar with the contents of the document said they think it is extremely unlikely that Putin would ultimately pursue a deal that runs counter to Beijing’s interests.

Putin’s spokesman Dmitry Peskov didn’t respond to an email seeking comment. It is unclear whether Russia has pitched any of the points contained in the document to the US.
Source:https://www.bloomberg.com/news/articles/2026-02-12/russia-memo-sees-return-to-dollar-system-in-pitch-made-for-trump?embedded-checkout=true

Re: Russia Plans Return To Trading In US Dollar System by Flangelo12: 8:25pm On Feb 12
Trump is definitely a Russian asset.

They'll chew him for breakfast.
Re: Russia Plans Return To Trading In US Dollar System by williams2326(m): 9:21pm On Feb 12
Lol, what happened? Thought they wanted to be Independent of the US dollar
Re: Russia Plans Return To Trading In US Dollar System by APOPTOSIS: 9:21pm On Feb 12
Them no get choice.
The USA is the only country that has every tribe well represented and acknowledged in it
Re: Russia Plans Return To Trading In US Dollar System by Hier(m): 9:23pm On Feb 12
What happened to BRICS currency grin grin grin grin grin
Re: Russia Plans Return To Trading In US Dollar System by Czarugo007: 9:24pm On Feb 12
After all the BRICS garagara,other BRICS countries are in shock now.
Re: Russia Plans Return To Trading In US Dollar System by KIDfurniture(m): 9:24pm On Feb 12
Make crypto sha do well this year
Re: Russia Plans Return To Trading In US Dollar System by Slippy: 9:26pm On Feb 12
The United States is the undisputed world power grin
Re: Russia Plans Return To Trading In US Dollar System by Wizardslayer: 9:26pm On Feb 12
US should come and recolonize Nigeria.

Nigeria is a hell hole. It's worst than an eyesore.

Ordinary stable electricity is a rocket science.
Re: Russia Plans Return To Trading In US Dollar System by TheStoriesOfMan: 9:27pm On Feb 12
No country can escape the World Order.

America is the most powerful nation on earth and in Hades.

Join the One World system or you'll be on the loosing side.

God bless USA
God bless MNK
God bless Biafra
Re: Russia Plans Return To Trading In US Dollar System by MakeWeTalk: 9:27pm On Feb 12
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
If he were a Russian asset, then why are the russians paying in dollars? huh
Dont you know that plays into Trumps hands? cheesy
Re: Russia Plans Return To Trading In US Dollar System by bigpriik: 9:27pm On Feb 12
Seen the comments above it's pity Nigerians cannot not read a complete essay before Comclusion.
Re: Russia Plans Return To Trading In US Dollar System by incogni2o: 9:27pm On Feb 12
US is a blessing to the Nations.

Denying that only is self deceit.

Other countries with no core moral compass can't be trusted with the world's treasury. They'll only seek thier own selfish interests, that's why BRICS was doomed from the start.
Re: Russia Plans Return To Trading In US Dollar System by TheStoriesOfMan: 9:28pm On Feb 12
Czarugo007:
After all the BRICS garagara,other BRICS countries are in shock now.
Everywhere fess plur🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

China, India and Brazil dey shake head
Re: Russia Plans Return To Trading In US Dollar System by ogascomax: 9:28pm On Feb 12
Trump is the man forget the rest dumbest as USA president..
Re: Russia Plans Return To Trading In US Dollar System by manuelkel(m): 9:28pm On Feb 12
APOPTOSIS:
Them no get choice.
The USA is the only country that has every tribe well represented and acknowledged in it
Russia gra gra dey crumble their economy low-key. cheesy
Re: Russia Plans Return To Trading In US Dollar System by CyynthiaKiss(f): 9:28pm On Feb 12
grin grin grin

What happened to those countries they have been deceiving all these while ?


Well, this is a very sad news to Islamic terrorists supporters ..
Re: Russia Plans Return To Trading In US Dollar System by Heffalump(m): 9:29pm On Feb 12
RaySimran:
Russia Memo Sees Return to Dollar System in Pitch Made for Trump



Source:https://www.bloomberg.com/news/articles/2026-02-12/russia-memo-sees-return-to-dollar-system-in-pitch-made-for-trump?embedded-checkout=true
Cc:
Kaliningrad, WriterNig


Take note and stop fooling yourself for nothing. Work hard for yourself and stop hating a country you can't dreamt of being a citizen. kiss
Re: Russia Plans Return To Trading In US Dollar System by TheStoriesOfMan: 9:29pm On Feb 12
bigpriik:
Seen the comments above it's pity Nigerians cannot not read a complete essay before Comclusion.
It's conclusion, not Comclusion.
Re: Russia Plans Return To Trading In US Dollar System by Helinuse: 9:29pm On Feb 12
Nigerian Palestinians are confused upon hearing this news.

🤣🤣🤣
Re: Russia Plans Return To Trading In US Dollar System by Onewazobia(m): 9:29pm On Feb 12
The founding fathers of US really worked, over 200yrs, hmmmm
Re: Russia Plans Return To Trading In US Dollar System by Helinuse: 9:30pm On Feb 12
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
You are disappointed that Cyrus the Great is winning, right?

🤣🤣🤣
Re: Russia Plans Return To Trading In US Dollar System by FreeStuffsNG: 9:31pm On Feb 12
RaySimran:
Russia Memo Sees Return to Dollar System in Pitch Made for Trump



Source:https://www.bloomberg.com/news/articles/2026-02-12/russia-memo-sees-return-to-dollar-system-in-pitch-made-for-trump?embedded-checkout=true
That is a smart charm offensive
Re: Russia Plans Return To Trading In US Dollar System by Risingblue008(m): 9:31pm On Feb 12
And Ukrainian soldiers are withdrawingvthier soldiers from the war front

News no tell una dt one?
Re: Russia Plans Return To Trading In US Dollar System by Daguccizgreat(m): 9:32pm On Feb 12
US is world power for a reason. Russia knows this very well
Re: Russia Plans Return To Trading In US Dollar System by higgs: 9:32pm On Feb 12
The dollar's greatest advantage over other currencies is that it belongs to the world's largest "open" economy. The US federal reserve is relatively independent compared to Chinese central bank etc.
Dedollarisation is not as easy as people think.
Re: Russia Plans Return To Trading In US Dollar System by Daguccizgreat(m): 9:33pm On Feb 12
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
You have started taking that thing again
Re: Russia Plans Return To Trading In US Dollar System by OceanEye: 9:34pm On Feb 12
Go trump.. the best president of all time
Re: Russia Plans Return To Trading In US Dollar System by osuofia2(m): 9:36pm On Feb 12
Father America, keep ruffling them, no be chocho
Re: Russia Plans Return To Trading In US Dollar System by Cheapgadget(m): 9:36pm On Feb 12
You go dey trust oyinbo. Lol

Re: Russia Plans Return To Trading In US Dollar System by Edusouls(m): 9:38pm On Feb 12
Chai MAN no be God the rise of china badly diluted USA powers, if they knew from the onset they would not aid CHINA, today USA is just barking up and down like a dog, while china is getting bigger and bigger, CHINA controls world manufacturing do u know what it means?
Re: Russia Plans Return To Trading In US Dollar System by PepeXKermit: 9:39pm On Feb 12
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
Trump is a russian asset how? Eexplain to us
1 2 3 Reply

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