Pages, tagged as «rouble»

The rouble as the settlement currency of the CIS

Settlements in national currencies, which were actively discussed at the recent Dushanbe-hosted CIS summit, are a good alternative to the US dollar supremacy. They minimize the risks associated with the policy of the US Federal Reserve System. They are also beneficial in terms of cost for the participants of foreign trade, as they don't require additional conversion into dollars, RISS expert Nikolay Troshin pointed out.