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New payment currency may appear in Russia

A new payment currency, bypassing the global one, may appear in Russia. The aim of the initiative is the emerging need to abandon the dollar system in a situation of severe financial sanctions. Settlements in the new currency are proposed to be made with a number of friendly states. Among them are the countries that are participants of the EAEU. For each of them, the benefit may be in reducing dependence on reserve currencies, which at some point may become a tool ...

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