Pakistan, China and Russia decide to conduct trade in local currencies skip dollars

Business | 207071 hits | Apr 02 6:58 am | Posted by: Robair

The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dol

Comments

by Robair
Thu Apr 02, 2020 2:06 pm
Uh oh.
by N_Fiddledog
Thu Apr 02, 2020 2:21 pm
Currently it's hard to find a mainstream western article on this. There was one on Pakistan, China and a few other countries discussing it back in 2016.

Reddit links to this one that looks to be some sort of Pakistani magazine.

https://www.brecorder.com/2020/03/17/58 ... p-dollars/

I don't know. Maybe our media doesn't want to know about it. You'd think at least something like The Guardian would be strutting about, pointing at it.
by Fighter
Thu Apr 02, 2020 4:59 pm
Interesting...

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