Don't Just Read the News, Understand It.
Published loading...Updated

Countries Ditching The U.S. Dollar To Avoid Sanctions

Summary by Ground News
India has increased its imports of Russian coal and natural gas, paying in Chinese yuan, United Arab Emirates dirham, Hong Kong dollar, and euro. Turkey and Iran have also forged agreements with Russia to base bilateral commerce on the Russian ruble. The dollar comprised 60% of countries' foreign exchange reserves, used to trade with one another, in 2021, and dominates international transactions.

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

NRN • New Right Network broke the news in on Thursday, August 11, 2022.
Sources are mostly out of (0)

Similar News Topics