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Russia Plans Return To Trading In US Dollar System - Foreign Affairs (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsRussia Plans Return To Trading In US Dollar System (11475 Views)

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Re: Russia Plans Return To Trading In US Dollar System by Mrexcell(m): 7:45am On Feb 13
Has the Chinese and Russian economic deal collapsed.
Re: Russia Plans Return To Trading In US Dollar System by Mrexcell(m): 7:46am On Feb 13
Czarugo007:
After all the BRICS garagara,other BRICS countries are in shock now.
No be small shock oh even nigeria was doing everything to join them.
Re: Russia Plans Return To Trading In US Dollar System by hotwax: 7:47am On Feb 13
Flangelo12:
Go and sit down.

Trump has been working for Putin for 10 years now.

Russia is in turmoil ans Trump is bailing them out as he has been instructed to .
you go school ba? russia surrending to dollar is trump being an asset?

Is that not win for USa? It means BRIC don loose out.

PLease who are you? your brain need to be modeled...its one of a kind
Re: Russia Plans Return To Trading In US Dollar System by hotwax: 7:49am On Feb 13
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
you just want to regurgitate US leftist/CNN lines.

You are better than this
Re: Russia Plans Return To Trading In US Dollar System by Mrexcell(m): 7:53am On Feb 13
CyynthiaKiss:
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 ..
Very bad news for those terrorists they see russia as the only country that can stop the US from stopping their planned world jihad but they easily forget russia is also a Christian nation despite having a significant number of muslims.
Re: Russia Plans Return To Trading In US Dollar System by Zooposki(f): 8:10am On Feb 13
TheStoriesOfMan:
There's a saying which you know too well: "if you can't defeat them, you _____________"
You are not joining noone. You are subjugated.
Re: Russia Plans Return To Trading In US Dollar System by nurudeen181(m): 8:37am On Feb 13
God bless you. It seems they only read the heading and not the main content. This must be a proposal from the US government just as their own gain for a deal in the Ukrainian war.
bigpriik:
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 quietttttt: 9:22am On Feb 13
If Russia is even considering returning to dollar settlements, then sanctions pressure clearly did more damage than they admit
Re: Russia Plans Return To Trading In US Dollar System by lanrefront1(m): 10:35am On Feb 13
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
Your answer shows you have no understanding of the events

This doesn't show Trump is Russia's friend, it shows he his Russia's adversary
Re: Russia Plans Return To Trading In US Dollar System by Hier(m): 11:16am On Feb 13
I
zoedew:
It was bound to fail.
Swears, the hype of BRICS overtaking the dollars was just too much lol 😂😂
Re: Russia Plans Return To Trading In US Dollar System by Hier(m): 11:18am On Feb 13
MrSly:
The BRICS is now chattering like the brick it is.
grin grin grin grin grin grin grin grin

I swear lol, they way everyone was talking about BRICS, you will think it's something very powerful coming lol. Once Russia pulls the plug, the rest will be fine their roots 😂😂
Re: Russia Plans Return To Trading In US Dollar System by Hier(m): 11:26am On Feb 13
odeku457:
Please can someone really confirm this. And not just some headlines.

.this is major news and will change a lot of things and shift balance in World finance.
Donald Trump na man. The news is very reliable 😊

Re: Russia Plans Return To Trading In US Dollar System by descartes400: 12:44pm On Feb 13
Abufo:
Believe globalist and liberal mainstream media at your own peril......bloomberg......ndi otu epstein!
People on unbelievably stupid to believe Russia will "pivot back to the U.S. dollar."

Billions of dollars of their foreign reserves has been seized both by US and EU

Russia isn't stupid. They've experienced dollar weaponization and SWIFT weaponization, at great cost.

They're not going to abandon their BRICS plans and their ongoing lucrative trade with China and Iran, even if they engage in some dollar trade as well.

Amazing how U.S. people leap to the insane conclusion that all of a sudden Russia is going to trust the U.S. dollar system again.
Re: Russia Plans Return To Trading In US Dollar System by descartes400: 12:49pm On Feb 13
Hier:
Donald Trump na man. The news is very reliable 😊
You people fail to understand when the Russians are trolling the US or playing the long-term game. This reminds me of the Davos Peace Accord wherein Trump asked each member country to donate to the reconstruction of Gaza. What did Putin do? He responded by saying they welcome such development. But such a donation should be taken from interest on the Russian frozen reserve in Western banks. That's a classic way to troll with a straight face. To do this, you have to unfreeze these reserves.
Then, I don't know what people expect to happen really in the case of normalisation of relations between Washington and Moscow.

Beijing and Moscow conduct trades in their local currencies. So are New Delhi and Moscow. Russian reserves are in Western currencies. The Rubble for Gaz framework still exists. Russian trade between the two blocs will be settled in this way. The Rubble for Russia commodities. Then vice versa. Russia can then offshore these dollar holdings around the world effortlessly. Saudi Arabia can play such a good host.
Remember when China issued US bonds in Saudi Arabia in late 2024? Such an environment still exists.

Another thing people seem to be losing sight of is that the BRICS proposal isn't to completely displace the USD. No! It rather proposes a basket of currencies for trade settlement. That way, you can have a balanced system where not one currency is the principal means of settlement. So we will end up with a decentralised framework.
Re: Russia Plans Return To Trading In US Dollar System by Elusive001: 2:10pm On Feb 13
Hier:
What happened to BRICS currency grin grin grin grin grin
No mortar.
Re: Russia Plans Return To Trading In US Dollar System by zoedew: 4:48pm On Feb 13
Hier:
I

Swears, the hype of BRICS overtaking the dollars was just too much lol 😂😂
Nigeria and other poorly run and economically rated countries took the bait.
Re: Russia Plans Return To Trading In US Dollar System by Osanoghodua1: 9:47am On Feb 14
You can not ignore the financial technology of the US system and have your economy in good shape at the moment. America controls the Internet, the media and the financial system of the world and their military is second to none.
Re: Russia Plans Return To Trading In US Dollar System by Poormanpikin(m): 10:20pm On Feb 14
Flangelo12:
Trump is definitely a Russian asset.

They'll chew him for breakfast.
You really don't understand this article.
Re: Russia Plans Return To Trading In US Dollar System by Flangelo12: 10:22pm On Feb 14
Poormanpikin:
You really don't understand this article.
This one doesn't understand anything.
Re: Russia Plans Return To Trading In US Dollar System by Hier(m): 10:23pm On Feb 15
Elusive001:
No mortar.
grin grin grin, very hilarious 😂😂
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