Russia Plans Return To Trading In US Dollar System - Foreign Affairs (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Russia Plans Return To Trading In US Dollar System (11475 Views)
| 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: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: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: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: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: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: |
| 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: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: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: ![]() 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:Donald Trump na man. The news is very reliable 😊
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| Re: Russia Plans Return To Trading In US Dollar System by descartes400: 12:44pm On Feb 13 |
Abufo: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: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:No mortar. |
| Re: Russia Plans Return To Trading In US Dollar System by zoedew: 4:48pm On Feb 13 |
Hier: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: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:This one doesn't understand anything. |
| Re: Russia Plans Return To Trading In US Dollar System by Hier(m): 10:23pm On Feb 15 |
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