Putin Reveals Over 85% of CIS Trade Now in National Currencies

Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […]

Oct 9, 2024 - 06:00
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Putin Reveals Over 85% of CIS Trade Now in National Currencies
Putin Reveals Over 85% of CIS Trade Now in National CurrenciesRussian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […]

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