Around an hour in:
Before Russian sanctions in 2022:
80% of Russian global trade was transacted in USD (50%) and EUR (30%).
It is now 35% in rubles, 35% Yuan and 13% USD/EUR.
More countries (especially non-G7) are cutting back on both dollar reserves and transacting in USD.
/ Phil
npub16x…krlev
2024-02-10 07:42:26
in reply to nevent1q…9vg2
Author Public Key
npub16xl2pttkg4r72we23v4f9wzcvagd43d9ltmkzegkneqdx5qqjyjqvkrlevPublished at
2024-02-10 07:42:26Event JSON
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