April 25, 2019, 09:48:11 pm

Author Topic: Moscow & Cairo to drop USD, use national currencies in bilateral trade – Putin  (Read 940 times)

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Moscow & Cairo to drop USD, use national currencies in bilateral trade – Putin
Russia and Egypt might soon exclude the US dollar and use their national currencies in the settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview to Egyptian media ahead of his Monday visit to the country.

“This measure will open up new prospects for trade and investment cooperation between our countries, reduce its dependence on the current trends in the world markets,” Putin said.

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