Will Moscow eliminate the dominance of the dollar with the support of friendly countries? ...Egypt

EGYPT INDEPENDENT - News
Will Moscow eliminate the dominance of the dollar with the support of friendly countries?
source : EGYPT INDEPENDENT ( Egypt ) () 19
With the price of the dollar rising to its highest level in 20 years and the Russian ruble achieving superiority over the US currency recently, the monetary policy makers in Moscow are seeking to expand the circulation of the ruble to maximize its value and reduce the dominance of the dollar, by deepening relations Moscow has with friendly countries such as China, India, Turkey, Egypt, Saudi Arabia and the UAE, according to the Investing website. The Moscow Stock Exchange said that trading volumes in the yuan and the ruble will exceed the dollar’s trading ratios next year, with the intensification of Moscow’s cooperation with Beijing in the financial market. In a presentation, the Moscow Sto

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