WoT ToT


Words of Truth, Thoughts of Truth


Russia is working to slash dependence on US dollar.

Yesterday (Wednesday 24 Shevat 5782) Russian Foreign Minister Sergey Lavrov said "We are slashing our foreign currency reserves in US dollars, which has not gone unnoticed. Our economic operators can transfer funds more easily now. The Central Bank has invented a system of financial messaging, which is working well. Those who are using it say that it is quite effective. Of course, it needs to be refined, because this system is not as well established as SWIFT, for example, but it is coming along.".

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