The share of the US dollar in mutual settlements between Russia and China fell to an anti-record

77

Photo from public resource Flickr.com


The Western edition of the Financial Times reports that Russia and China have reduced the dollar component in their mutual settlements at a record.

It is noted that for the first time in stories the share of settlements between the Russian Federation and the PRC in the currency of the United States of America fell below 50 percent - this is an anti-record for the dollar.



Referring to the data of the Federal Customs Service of the Russian Federation and the Central Bank of the Russian Federation, it is reported that according to the results of monitoring the trade activity of Russia and China for the first quarter, mutual settlements in dollars amounted to about 46%.

The remaining share is national currencies, as well as euros. At the same time, the share of the euro is the highest in the entire history of transactions between the PRC and the Russian Federation - 30%. Accordingly, in rubles and yuan, the share of settlements amounted to 24% in the first quarter, also demonstrating a percentage increase.

For comparison, back in 2014, the dollar component in trade between the Russian Federation and China reached 91%.

In China, they previously commented on their readiness to reduce the percentage of dollar transactions, noting that the United States can intervene at any time in the settlements of China in the American national currency. In order to systematically minimize the very possibility of such intervention by the United States, Russia and China have launched a process to reduce the percentage of transactions with dollar transactions.
  • https://www.flickr.com/401kcalculator.org
Our news channels

Subscribe and stay up to date with the latest news and the most important events of the day.

77 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. +11
    17 August 2020 19: 44
    The Chinese are not childish - they should have long ago excluded the dollar from settlements with Russia, since dollar transfers always go through one of the US banks, which, according to American law, monitors compliance with the sanctions regime against the Russian Federation, as a result of which trade between China and Russia is slowed down.

    The euro is the nicest thing to do (as a temporary solution until a complete transition to mutually convertible ruble and yuan).
    1. +19
      17 August 2020 20: 03
      The bowed head does not always belong to the slave.
      Perhaps just a person is looking for a cobblestone for an answer ...
      1. +7
        17 August 2020 22: 01
        That the share of the dollar has decreased is very good news (although 46% is a lot)
        But why the hell is the euro growing?
        Change awl for soap
      2. +1
        18 August 2020 09: 09
        Quote: paul3390
        The bowed head does not always belong to the slave.
        Perhaps just a person is looking for a cobblestone for an answer ...

        ========
        good Class! Remember! drinks
    2. 0
      17 August 2020 20: 31
      The Chinese are not childishly stupid - for a long time it was necessary to completely exclude the dollar from mutual settlements with Russia ...

      And you are sure that only them come to use dollars in mutual settlements. You do not admit that some Russian meat processing plant did not want to have for its products for dollars ... well, or not a meat processing plant.
      1. +6
        17 August 2020 21: 39
        Where have you seen a Russian meat processing plant abandoning the euro? laughing
    3. -8
      17 August 2020 20: 53
      Yankishekel, or yuan-pound rubles, will become the new world currency laughing
      1. +4
        17 August 2020 22: 19
        Eubl or Rouen .. wink
        1. +2
          18 August 2020 11: 02
          Quote: paul3390
          Euble

          Rather - Jubble.
    4. +1
      17 August 2020 22: 13
      Quote: Operator
      The Chinese are not childishly stupid - for a long time it was necessary to completely exclude the dollar from mutual settlements with Russia, since dollar transfers always go through one of the US banks, which, according to American law, monitors compliance with the sanctions regime against the Russian Federation

      how to say - the Chinese have these same dollars in their hands of darkness! At one time they offered huge dollar loans to everyone at a good percentage - they wanted to get rid of dollars.
      And now the process has begun - so the Americans, clever, put pressure on China along this line, so the comrades began to stir ...
    5. +3
      18 August 2020 00: 04
      Quote: Operator
      The Chinese are not stupid for a child - for a long time it was necessary to completely exclude the dollar from mutual settlements with Russia

      So not only the Chinese, the EU only in December 2018 adopted a plan to strengthen the role of the euro - to transfer contracts over time from the dollar to the euro, its own payment system ... in the summer of 2019 - "During the meeting, issues of transferring settlements in mutual trade were raised, including trade in energy resources, in national currencies - rubles and euros. The parties noted that the expansion of the use of national currencies is mutually beneficial, as it reduces the risks for entrepreneurs in Russia and the EU. To continue the dialogue in this direction, Siluanov and Shefchovich agreed to form a working group that will develop practical steps on the transition to payments in rubles and euros "- Anton Siluanov's press secretary Andrei Lavrov.
      In principle, there is a gas and metals exchange in Europe, so that quotes in euros can be established regardless of the states, but here is the oil exchange ...
    6. +1
      18 August 2020 07: 35
      Economy
      26 February 2009 3: 00
      Political scientist Mikhail Leontyev: "The dollar has only a few months to walk"
      Economist, columnist for Channel One and editor-in-chief of Profile magazine told KP about why the American currency is growing if the center of the crisis is in the United States, when and how the global financial storm will end, and what to do with mortgages


      https://www.ufa.kp.ru/daily/24251.3/448540/
    7. 0
      18 August 2020 15: 36
      Quote: Operator
      The Chinese are not childish

      China is the largest economy in almost the entire history of "modern civilization". I would hesitate to teach Chinese people to do their own thing. What is the Russian Federation or can you offer such a unique China that produces almost everything?
      1. +1
        18 August 2020 17: 13
        Gas turbines jet engines for fighters cyclotrons nuclear fuel reactors heat-resistant alloys isotopes which food they lack and of course energy carriers.
  2. The comment was deleted.
  3. +7
    17 August 2020 19: 50
    Long overdue!
    1. +2
      17 August 2020 22: 50
      These actions were in the project 12 years ago, before the creation of the St. Petersburg Stock Exchange, one of the goals of which is payments for oil in rubles and yuan, i.e. squeezing out the petrodollar. The process is slow, but it goes on. Now a step-by-step embodiment of avoiding bucks.
  4. +4
    17 August 2020 19: 52
    This is a very serious movement. Dollars are starting to become more and more unnecessary. China and Traders are coming out hard! The trend, however ... Sanctions are a double-edged weapon. The Italian (Sicilian) mafia has a saying - if you are bent down - bow as low as possible, but remember the offender well - so as not to miss ...
    1. The comment was deleted.
      1. 0
        18 August 2020 04: 02
        "Do not trust, do not fear, do not ask !" is a thieves' proverb. I don't think you knew about this when you wrote your message.
    2. +2
      17 August 2020 21: 12
      "Dollars are starting to become more and more unnecessary."

      Not so much unnecessary as toxic.
      Even their color is sickeningly green
      and on each piece of paper there is a ghoul.
    3. 0
      18 August 2020 00: 03
      Everyone says China China is merging traders. And no one looks at the UK, and at the beginning of the year there is very, very interesting. We are waiting for the report.
  5. -1
    17 August 2020 19: 59
    Well not bad so
  6. +2
    17 August 2020 20: 01
    Down and Out trouble started. winked The main thing is not to relax, because the US financial elite is not the kind of gang that will sit back and wait limply for trouble. Opponents know how to arrange sneaky things.
  7. +8
    17 August 2020 20: 04
    The most interesting thing is that Britain has decisively joined the process of de-dollarization.
    At last year's annual symposium of Western financial leaders in Jackson Hole, Bank of England Governor Mark Carney announced the need to overhaul the global monetary system. He concluded that the existing US dollar-based system urgently needed to be replaced with a new “digital asset” or “digital currency”.
    The curiosity is that the idea to remove the "crown" from the Fed was expressed at an event held under the patronage of the FRS and on its territory by its closest political ally.
    1. -3
      17 August 2020 20: 12
      Anglo-Saxons are like scorpions in a bank. They also devour their own, if they grow weak.
      1. +5
        17 August 2020 20: 18
        Did you try to look for another explanation?
        1. 0
          17 August 2020 20: 54
          And where did you see the explanation? This is just a statement of facts. And there are many reasons: from the lack of security in the dollar ... and ending with the personal interest of the British.
          And the exact reason is anyone's guess.
    2. +3
      17 August 2020 20: 34
      Quote: Undecim
      The most interesting

      Declare that someday the dollar will be replaced by another currency or form of money (digital) as the world's reserve currency, this is as sensational as that we all will die someday
    3. dSK
      +1
      17 August 2020 20: 37
      Quote: Undecim
      needs to be replaced with a new “digital asset” or “digital currency”.

      There is no doubt that these "non-bitcoins" will be issuing bully States
      1. +1
        17 August 2020 20: 43
        There is no doubt that these "neobitcoins" will be issued by the bully States.
        Try to read the comment carefully - who suggested what.
        Mark Carney: "The dollar no longer deserves the status of the world's reserve currency, so the world's central banks must unite and find a replacement."

    4. +1
      17 August 2020 21: 19
      The islanders want to make money at the sunset of the dollar. When they begin to transfer everything "acquired by overwork" from the dollar currency zone to others. Then the pound should be that tool, not for free of course. And why it will not be possible from the dollar to go directly to the yuan or euro. This is how Trump works)
    5. +2
      17 August 2020 21: 27
      Quote: Undecim
      The curiosity is that the idea of ​​removing the "crown" from the Fed was expressed at an event held under the patronage of the FRS

      The idea of ​​switching from the dollar to a completely non-cash currency was first put forward not at all in Britain, but in the United States, in a coalition with Britain and 4 other Western countries. And there is nothing funny here. They are well aware of the impending collapse of the dollar system and are looking for a way to minimize losses as much as possible.
      1. 0
        17 August 2020 22: 33
        Quote: Sergey39
        Quote: Undecim
        The curiosity is that the idea of ​​removing the "crown" from the Fed was expressed at an event held under the patronage of the FRS

        The idea of ​​moving from the dollar to a completely cashless currency.

        The mattress toppers are running out of paper and paint! Hence such ideas. hi
    6. +1
      17 August 2020 22: 08
      Quote: Undecim
      The curiosity is that the idea to remove the "crown" from the Fed was expressed at an event held under the patronage of the FRS and on its territory by its closest political ally.

      Do you think they are not afraid of the collapse of the dollar as a world currency? How afraid they are! They want to take their capital into digital, but if they paid for the dollar going down, there will be traders (someone should pay the astronomical debt of the USA wassat ) Who sells gold for dollars = goof. Gold can only be used to pay for goods, not paper pictures with deceased mattress presidents. hi
  8. 0
    17 August 2020 20: 37
    Naive))) Well, there will be no dollars, there will be euros! There will not be one "enemy", they will draw another))) Then they will say the euro is not a cake, for a geyropa. But the miracle is not even in this, but in what currency the wooden ones are counted on Ali, despite the yellow headings in one taken "separate civilization"))) For some reason, this is a vile and pagan, evergreen dollar)))
    1. -1
      17 August 2020 22: 03
      The Americans could do a tricky trick with their ears - announcing the free withdrawal of cryptocurrency in dollars ...
    2. 0
      17 August 2020 22: 27
      Quote: UserGun
      Naive))) Well, there will be no dollars, there will be euros! There will be no "enemy", they will draw another)))

      The world currency can only be one that is not used as an economic and political club! The US dollar does not meet these requirements. You can store money in any currency and precious metals. hi
      1. dSK
        +3
        17 August 2020 23: 19
        In 1815, Nathan Mayer Rothschild (founder of the English branch of the Rothschilds) made the following statement:
        «I don't care which puppet gets put on the throne of Englandto rule an Empire that never sets the sun. The man who controls the British money supply controls the British Empire. And now I control the British money supply ".
        1. 0
          18 August 2020 00: 07
          Quote from dsk
          In 1815, Nathan Mayer Rothschild

          There are many things attributed to this smart financier, even things that he never said. wink He died with a pistol under his pillow. hi
      2. 0
        18 August 2020 00: 02
        Quote: fif21
        You can store money in any currency and precious metals.


        Can! Only MANDATORY some kind ONE currency will cost more than others and depreciate less than others. let's just say so. Wooden together with the yuan under this in the long term, and even more so in the short term, sorry, do not fit.
    3. KCA
      0
      18 August 2020 02: 01
      Ali is a private company, and until the moment when the PDA asks to switch to the calculation in rubles and yuan, he can recalculate his goods in any currency
  9. +2
    17 August 2020 20: 38
    It is clear that this is a long matter.
    However, when you need to start.
  10. +3
    17 August 2020 20: 49
    Eh, let's live fellow
    1. +2
      17 August 2020 21: 04
      Quote: Krasnodar
      Eh, let's live fellow

      And don’t say .. wassat
  11. +1
    17 August 2020 20: 51
    Rather good than bad.
    But, from this chain, in my, ignorant view, perhaps it would not be bad to depart from the Euro ... What do you think? ..
  12. +2
    17 August 2020 20: 53
    If the United States sticks its schnobel everywhere and imposes sanctions for every action that it does not like, so it will be on the rise. The dollar will be free but toxic, this is what it will go for, especially when selling weapons.
  13. +2
    17 August 2020 21: 05
    Quote: UserGun
    But the miracle is not even in this, but in the currency in which the wooden ones are converted to Ali

    And what difference does it make to you in what currency they convert? The ruble / dollar exchange rate is taken as a basis. But this does not mean that the calculation is necessarily made in dollars.
    1. -1
      18 August 2020 00: 08
      Quote: Tagan
      But this does not mean that the calculation is necessarily made in dollars.


      How does it not say ?! ))) They just took the value of the dollar to the ruble and calculated from the lantern at the rate ?! ))) (twists his finger at his temple). Why then did they not count in Mongolia's tugriks ?! ))) By your chydesatoy logic, what's the difference! )))
  14. +1
    17 August 2020 21: 06
    Quote: Tagan
    Quote: UserGun
    But the miracle is not even in this, but in the currency in which the wooden ones are converted to Ali

    And what difference does it make to you in what currency they convert? The ruble / dollar exchange rate is taken as a basis. But this does not mean that the calculation is necessarily made in dollars.
    1. 0
      18 August 2020 06: 43
      For example, China has chosen a "weak link" in the world system - Africa and is carrying out a full-scale expansion there, which for some reason is customary in our country not to notice - like you think, Some kind of garbage dump Africa ... And China has already firmly established itself there and is expanding its there rights and opportunities strengthens there direct trade ties and resources are exchanged directly for yuan. For example, shops, shopping centers owned by the Chinese are opening, where trade goes for the local currency and the yuan. Many African countries base their currencies on the yuan. The proverb is the dollar, and in Africa, the dollar is no longer relevant ...
  15. +1
    17 August 2020 21: 06
    [quote = Tagan] [quote = Tagan] [quote = UserGun] But the miracle is not even in this, but in what currency they convert wooden to Ali [/ quote]
    And what difference does it make to you in what currency they convert? The ruble / dollar exchange rate is taken as a basis. But this does not mean that the calculation is necessarily made in dollars.
    1. +1
      17 August 2020 22: 15
      Quote: Tagan
      The ruble / dollar exchange rate is taken as a basis.

      Where did you get this, dear? This has not been the case for a long time, as you claim. The ruble / yuan exchange rate is set based on the results of trades by the Central Bank of Russia and China, which operates for a given period of time.
  16. +1
    17 August 2020 21: 07
    Quote: UserGun
    But the miracle is not even in this, but in the currency in which the wooden ones are converted to Ali

    And what difference does it make to you in what currency they convert? The ruble / dollar exchange rate is taken as a basis. But this does not mean that the calculation is necessarily made in dollars.
  17. +2
    17 August 2020 21: 23
    "It is not we who are leaving the dollar, but it is from us" (c)
  18. +1
    17 August 2020 22: 12
    In order to systematically minimize the very possibility of such intervention by the United States, Russia and China have launched a process to reduce the percentage of transactions with dollar transactions.
    Well, thank God that the Financial Gazette paid attention to this fact, which means we are moving in the right direction!
  19. -3
    17 August 2020 22: 33
    We are talking about government payments.
    The Russian Federation and China do this not out of a good life, but out of fear of sanctions.
    No private firm will bother with any yuan.
    It is not clear why everyone is so happy here. What's that to you? Do you think that a crushing blow is being dealt to the hated USA and its symbol? No matter how it is!
    In an old joke, the psychos at the hospital decided to punish the hairdresser for cutting their hair. We thought for a long time and decided to stuff nails into his head so that his scissors would break and he would be left without a piece of bread. hi
  20. +2
    17 August 2020 23: 25
    Quote: businessv
    Quote: Tagan
    The ruble / dollar exchange rate is taken as a basis.

    Where did you get this, dear? This has not been the case for a long time, as you claim. The ruble / yuan exchange rate is set based on the results of trades by the Central Bank of Russia and China, which operates for a given period of time.

    You just need to understand that the ruble-yuan rate is set based on the yuan and ruble against the dollar. Direct trades in the ruble-yuan are so scanty that it is not possible to form the exchange rate on their basis. If you are not a state, and not a mega-monster like Gazprom, then making a payment from Russia to China in yuan is still a task. For more than 10 years, there has been a badyag on this issue, but there are really no mechanisms, at least for SMEs. So far, for most of our enterprises, the chain is like this. Invoice from China in yuan-payment to China in dollars-converting dollars to yuan in China. As a result, we have a double currency conversion, which does not have the best effect on the final rate.
    1. -1
      18 August 2020 00: 18
      But what about buying yuan on the MICEX for rubles and making a payment to the PRC? Nelzya? And how to accept payments from China in rubles? Can't you? recourse
      1. +2
        18 August 2020 10: 45
        Can. But the rate is set anyway on the basis of the yuan and the ruble against the dollar. In order to get away from this, direct trading in the yuan-ruble pair in significant volumes is needed.
  21. -1
    17 August 2020 23: 49
    Good news! It would be nice to also make it so that stupid speeches, the Yankees about the oil reserves in their storage facilities did not pump prices on world markets. And then the United States will take the place it should be at the end of the line.
  22. -1
    18 August 2020 02: 05
    Very good news!
  23. -1
    18 August 2020 06: 25
    Swift was conceived as a transnational tool for tracking and managing foreign economies. Comfortable? Undoubtedly, for everyone - yes. Like spy devices called "smartphones" and credit cards that we voluntarily carry around with us. Now we are being watched from everywhere, even a seedy robot vacuum cleaner can, without your knowledge, make a map of your apartment and your movements around it. And what, I don’t do anything illegal, but it’s convenient with them! ... and then you bam such joy for a start as withdrawing small fines from your bank accounts, I haven't fed banks with interest for a long time - come up with a law to take away such "sleeping" deposits in your favor ... and then we'll grow up to a chip in your head, and that, again, with the chip in my head, I also do not do anything illegal, but with it Convenient!
  24. 0
    18 August 2020 08: 00
    Quote: businessv
    Quote: Tagan
    The ruble / dollar exchange rate is taken as a basis.

    Where did you get this, dear? This has not been the case for a long time, as you claim. The ruble / yuan exchange rate is set based on the results of trades by the Central Bank of Russia and China, which operates for a given period of time.

    So I have outdated data. Especially. This just reinforces my assertion that the value of the dollar is secondary here (to "in what currency are wooden converted into Ali")
  25. 0
    18 August 2020 08: 05
    "The share of the US dollar in mutual settlements between Russia and China fell to an anti-record"
    - It will be "better" if the United States switches to the yuan and the ruble in international settlements. (!)
  26. 0
    18 August 2020 08: 42
    Quote: UserGun
    Quote: Tagan
    But this does not mean that the calculation is necessarily made in dollars.


    How does it not say ?! ))) They just took the value of the dollar to the ruble and calculated from the lantern at the rate ?! ))) (twists his finger at his temple). Why then did they not count in Mongolia's tugriks ?! ))) By your chydesatoy logic, what's the difference! )))

    Just don't tell me that you understood what you yourself wrote here)))
    Twisting your finger at your temple does not make you a great "logician".
    I was corrected here a little. It turns out that now "the ruble / yuan exchange rate is being established based on the results of the trades of the Central Bank of Russia and China, which is working for a given period of time."
    So, literate, you probably should be aware that rubles need to be converted? And for this, oddly enough for you, you should use courses. And yes, you were not far from the truth - even in Mongolia's tugriks. Those. it is not a fact that dollars will be used in this operation when operating rates. This is just a step in the calculation. Are you able to understand this?
  27. 0
    18 August 2020 09: 23
    Trade with China is in the region of $ 100 billion, this is just a drop in the ocean. Realistically undermining the dollar component is possible only by transferring all your sales of the fuel and energy complex for rubles or euros, yuan (not the essence) in our fuel and energy complex on an annualized basis, revolves around a trillion $ (approximately ) It will be difficult for Americans to digest such money, but here you can face other problems
    1. 0
      18 August 2020 11: 41
      Quote: APASUS
      You can really undermine the dollar component only by transferring all your sales of the fuel and energy complex for rubles or euros, yuan (not the essence)

      Converting settlements into these currencies is half the battle, as the EU wrote above and wants this, but quotes are set for the same oil on American exchanges and it turns out that there is still a peg to the dollar. This is when Rosneft says that we are trading with China at prices set on the Shanghai Stock Exchange, and Gazprom says that the gas price pegged to oil prices is based on the result of oil trading, let's say on the London Stock Exchange in euros ... then this is really refusal ...
      1. 0
        18 August 2020 11: 45
        Quote: BrTurin
        This is when Rosneft says that we are trading with China at prices set on the Shanghai Stock Exchange, and Gazprom says that the gas price pegged to oil prices is based on the result of oil trading, let's say on the London Stock Exchange in euros ... then this is really a failure.

        When oil and gas are traded for rubles in St. Petersburg, no one will say anything. It's just that the state must create all the conditions for this. Resources produced in Russia must be sold in Russia, but for this, of course, a whole system must be built, who can argue
        1. 0
          18 August 2020 11: 59
          Quote: APASUS
          When oil and gas will be traded for rubles in St. Petersburg

          Gazprom has its own electronic trading platform (In June, almost 5 billion cubic meters of gas were sold through the ETP, which is 50 LNG cargoes that could have entered the European market.
          https://eadaily.com/ru/news/2020/08/17/gazprom-ispytyvaet-konkurentov-v-evrope-cenami).
          In addition to the fact that there are long-term contracts that cannot be changed quickly, but the main condition is whether the buyer wants to buy at the prices of the exchange in St. Petersburg, and not any exchange in the EU. In addition to Russia, oil and gas are sold by Norway, the Saudis .... The government has plans, that is, as I wrote above, and negotiations are going on, but "the buyer is always right" ...
          The share of ruble settlements in foreign trade turnover should increase to 2024% by 30 compared to 20,3% in 2018 - this target figure is proposed by the Ministry of Economic Development.
          https://www.rbc.ru/newspaper/2019/11/22/5dd671919a79477ddd5181d2
          1. 0
            18 August 2020 12: 16
            Quote: BrTurin
            In addition to the fact that there are long-term contracts that cannot be changed quickly, but the main condition is whether the buyer wants to buy at the prices of the exchange in St. Petersburg, and not any exchange in the EU.

            Are you seriously ? The share of gas from Russia to the EU is 30% and this will fall out of trade, because gas is sold in the wrong place for the Europeans. Can you imagine the price of gas for the population and industry in this case?
            Quote: BrTurin
            The share of ruble settlements in foreign trade turnover by 2024 should increase to 30% compared to 20,3% in 2018

            It should increase to 80-85%, only then we will become players in the market
            1. 0
              18 August 2020 13: 04
              Quote: APASUS
              The share of gas from Russia to the EU is 30% and this will fall out of trade,

              So we will immediately hear from the states, Qataris, Azerbaijanis, and the Israelis, with the howling of the Poles and with them - you see Russia is an unreliable supplier, and our gas is reliable, democratic, etc. etc. On the one hand, you need to get off the oil and gas needle ) .http: //customs.gov.ru/press/federal/document/2020), but do it abruptly .... Maybe while it was that under the contract it was under the contract, but what you want in excess, please go to our exchanges, if you are satisfied with it, buy ... But what is very unstable in the world now, so that ... if only there was no war
              1. 0
                18 August 2020 13: 12
                Quote: BrTurin

                So we will immediately hear from the states, Qataris, Azerbaijanis, and the Israelis, with the howling of the Poles and with them - you see Russia is an unreliable supplier, but our gas is reliable, democratic, etc. and so on

                Changing the marketplace and currency is not a refusal to trade. You are too exaggerated.
                The question is rather in the domestic monetary policy. Selling the entire fuel and energy complex for rubles will cause the ruble to rise in price, but exporters do not need this. Here, you need to keep the ruble exchange rate manually, work on the pulse for 24 hours, and officials do not like this here.
                1. 0
                  18 August 2020 13: 25
                  Quote: APASUS
                  Changing the marketplace and currency is not a refusal to trade. You are too exaggerated.

                  Whether the buyer, who has a choice, will like such an offer. The EU is interested in strengthening the role of the euro, the Chinese yuan and the ruble are an ally for them in the fight against the $, but a competitor in the field of strengthening the role ... Will the buyer like the requirement to change the settlement currency and where to use it later when others will not demand it ...
                  1. 0
                    18 August 2020 13: 28
                    Quote: BrTurin
                    Whether the buyer, who has a choice, will like such an offer. The EU is interested in strengthening the role of the euro, the Chinese yuan and the ruble are an ally for them in the fight against the $, but a competitor in the field of strengthening the role ... Will the buyer like the requirement to change the settlement currency when others will not demand it ...

                    You really do not know. Now you can change rubles, Mongolian tugriks, at least the shells of Tuvalu island can be with one click of a button. The main thing is that you have something to change. It's not a problem at all. It is not necessary to be present on the exchange, these are such trifles
                    1. 0
                      18 August 2020 13: 42
                      You can change everything, who can argue with that, only these issues can be resolved only through dialogue and I hope that dialogue with the EU will lead to the ousting of $ from mutual settlements and not only with them ... But the whole struggle is still ahead ...
                      1. +1
                        18 August 2020 15: 55
                        Quote: BrTurin
                        only these issues can be resolved only through dialogue and I hope that the dialogue with the EU will lead to ousting $ from mutual settlements and not only with them ... But the whole struggle is still ahead ...

                        The EU is also interested in increasing its share, this gives very significant bonuses for the currency in the market. I think they will not mind at all, you don’t just need to bring down the dollar at once, it should be gradually squeezed out, which is what China is doing.
      2. +1
        18 August 2020 14: 44
        Quote: BrTurin
        quotes are set for the same oil on American stock exchanges and it turns out that there is still a peg to the dollar. This is when Rosneft says that we are trading with China at prices set on the Shanghai Stock Exchange, and Gazprom says that the gas price pegged to oil prices is based on the result of oil trading, let's say on the London Stock Exchange in euros ... then this is really refusal ...

        When measuring dimensions, we use the metric system, and the standard of the meter is kept in Paris.
        In your opinion, it turns out that using a tape measure or a ruler every time we fall into the bondage of France?
        Here are the prices on the New York Stock Exchange and the dollar exchange rate, just a unit of measurement. If we use any alternative currencies to the dollar, from these operations, even pegged to the dollar rate and the New York Stock Exchange, US banks will not receive any profit.
        1. 0
          18 August 2020 16: 01
          Quote: Captain Pushkin
          Here are the prices on the New York Stock Exchange and the dollar rate, just a unit of measurement.

          Why use these units. In Paris - a meter, in the states - a foot ... Why convert the dollar into euros every time when calculating, when you can immediately measure it in euros.

"Right Sector" (banned in Russia), "Ukrainian Insurgent Army" (UPA) (banned in Russia), ISIS (banned in Russia), "Jabhat Fatah al-Sham" formerly "Jabhat al-Nusra" (banned in Russia) , Taliban (banned in Russia), Al-Qaeda (banned in Russia), Anti-Corruption Foundation (banned in Russia), Navalny Headquarters (banned in Russia), Facebook (banned in Russia), Instagram (banned in Russia), Meta (banned in Russia), Misanthropic Division (banned in Russia), Azov (banned in Russia), Muslim Brotherhood (banned in Russia), Aum Shinrikyo (banned in Russia), AUE (banned in Russia), UNA-UNSO (banned in Russia), Mejlis of the Crimean Tatar People (banned in Russia), Legion “Freedom of Russia” (armed formation, recognized as terrorist in the Russian Federation and banned)

“Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent,” as well as media outlets performing the functions of a foreign agent: “Medusa”; "Voice of America"; "Realities"; "Present time"; "Radio Freedom"; Ponomarev; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; "Owl"; "Alliance of Doctors"; "RKK" "Levada Center"; "Memorial"; "Voice"; "Person and law"; "Rain"; "Mediazone"; "Deutsche Welle"; QMS "Caucasian Knot"; "Insider"; "New Newspaper"