Kicked out of SWIFT, how they trade with Russia?

webinarian

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11-03-2022, 09:32 AM

Example of Turkey:

Besides Euro, Turkey and Russia agreed to use Turkish Lira, Russian Ruble, Gold and RMB. But Gold is inconvenient and Lira and Ruble are volatile, so the natural choice is the stable RMB.

Many countries will follow Turkey's example. RMB huat liao.

[Image: Ukraine20.png]

(This post was last modified: 11-03-2022, 09:34 AM by webinarian.)

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Kicked out of SWIFT, how they trade with Russia? - by webinarian - 11-03-2022, 09:32 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by Stoki - 11-03-2022, 09:33 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by webinarian - 11-03-2022, 09:39 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by singlon - 11-03-2022, 10:05 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by singlon - 11-03-2022, 10:07 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by singlon - 11-03-2022, 10:13 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by singlon - 11-03-2022, 10:21 AM

RE: Kicked out of SWIFT, how they trade with Russia? - by singlon - 11-03-2022, 10:25 AM

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