Posts Tagged ‘rubles’

India Announces it Will Pay for Russian S-400s in Rubles and Rupees, Not Dollars

Last month, Washington issued a threat of sanctions against India if it were to move forward in purchasing the Russian s400 missile defense system. US President Donald Trump warned India that if it went ahead with the $5 billion deal to purchase S-400 Triumf air defense systems from Moscow, that certain repercussions would soon follow […]

Venezuela’s oil-backed cryptocurrency will be convertible to yuan, rubles, liras and euros

     The so-called ‘petro’ digital currency, which was successfully launched by Venezuela last month, will be traded for several global currencies, including the Russian ruble. “Starting March 23, all legal and physical entities will be able to purchase the petro directly… within the next 15 days for convertible currencies: yuan, rubles, Turkish liras and euro,” […]

Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan

Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do so […]

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