Global Analysis from the European Perspective. Preparing for the world of tomorrow

Russia to settle more bills in euros instead of dollars

The Russian government has said it will further decrease its investment in the US economy as new sanctions loom. It added that for the time being, no US company active in Russia would be shut down. The Kremlin said Russia would keep reducing its investment in US government bonds and drastically cut its payments in dollars in response to new sanctions placed on Moscow by Washington. Source: Deutsche Welle

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