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DE-DOLLARIZATION ACCELERATES AS RUSSIA NEARS THE LAUNCH OF THE RUBLE-PRICED OIL TRADING PLATFORM SPIMEX

8-5-2016 < The Unhived Mind 251 61 words
 
De-Dollarization Accelerates As Russia Nears Launch Of Ruble-Priced Oil Trading Platform Tyler Durden’s pictureSubmitted by Tyler Durden on 05/07/2016 12:23 -0400 http://www.zerohedge.com/news/2016-05-07/de-dollarization-accelerates-russia-nears-launch-ruble-priced-oil-trading-platform It appears Russia is close to taking the next big step towards de-dollarization and killing the petro-dollar as Vladimir Putin’s “dream” of ruble-based pricing of its domestically-produced oil is on the verge of realization. SPIMEX (The St. Petersburg […]
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