Russia’s EAEU Trade Reaches 93% De-Dollarization
- 93% of trade within the Eurasian Economic Union (EAEU) is now conducted in national currencies.
- The shift marks a significant reduction in the use of the U.S. dollar for EAEU transactions.
- This trend is part of a broader movement towards de-dollarization across Eurasia.
The Eurasian Economic Union has seen a decisive pivot from the U.S. dollar, with 93% of its trade now utilizing national currencies, indicating a substantial shift in global financial dynamics.
Source (2.6)https://news.bitcoin.com/russias-eaeu-trade-reaches-93-de-dollarization-in-blow-to-us-dollar-dominance/?rand=52384