September 1, 2015

Putin says dump dollar

Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries.

This means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries of the former Soviet Union. Read more.

RT

Related,
China Sells U.S. Treasuries to Support Yuan - Bloomberg
What Would Happen If Everyone Joins China In Dumping Treasurys? - Zero Hedge

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