
Inside Russia: Economists describe impact of Western sanctions and Ukraine war
Geopolitical Economy Report
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The Impact of De-Dollarization in Russia
In the past few weeks alone, we saw a significant escalation of the attempt to de-dollarize. We saw countries like Brazil sign an agreement with China to do bilateral trade in their local currencies. India is also doing bilateral trade in rupees. A pace, meanwhile, payment systems are also being created in Russia.
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