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Russia and India Cut Dollar Use: 90% of Direct Transactions in National Currencies

Russia and India now conduct nearly 90% of direct transactions in their national currencies, deepening financial ties and accelerating the global shift away from the U.S. dollar. Moscow and New Delhi Tighten Financial Ti...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russia and India Cut Dollar Use: 90% of Direct Transactions in National Currencies
Russia and India now conduct nearly 90% of direct transactions in their national currencies, deepening financial ties and accelerating the global shift away from the U.S. dollar. Moscow and New Delhi Tighten Financial Ties—Is the Dollar Era Ending? Countries worldwide are increasingly shifting away from reliance on the U.S. dollar in international trade, a process […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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