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Russia and India Cut Dollar Use: 90% of Direct Transactions in National Currencies

by Lisa Mitchell
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Russia and India Cut Dollar Use: 90% of Direct Transactions in National CurrenciesRussia and India now conduct nearly 90% of direct transactions in their national currencies, deepening financial ties and accelerating the global shift away from the U.S. dollar. Moscow and New Delhi Tighten Financial Ties—Is the Dollar Era Ending? Countries worldwide are increasingly shifting away from reliance on the U.S. dollar in international trade, a process […]



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