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Close Topic OptionsRussian Ruble vs. US Dollar - Page 3 of 3
Yeah, I just don't think they'll - Page 3 - Politics, Business, Civil, History - Posted: 3rd Apr, 2017 - 6:56pm
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Business - European EconomyPost Date: 3rd Apr, 2017 - 4:01am / Post ID: #
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Russian Ruble vs. US Dollar - Page 3
Moscow and Beijing join forces to bypass US dollar in world money market;
Russia's central bank opened its first overseas office in Beijing on Thursday, marking a small step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system. Ref. Source 4h.
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Post Date: 3rd Apr, 2017 - 6:56pm / Post ID: #
Dollar vs Ruble Russian
Yeah, I just don't think they'll be able to bypass the dollar. This may work for a little while but if there is any kind of turmoil everyone will flock back to the dollar and demand dollars only. At least, I see this for the short-term. And short-term in economics can be a long time.
TOPIC: Russian Ruble vs. US Dollar