Young Journalists Club | Latest news of Iran and world

News ID: 52353
Publish Date: 7:09 - 23 July 2021
Friday,23 July 2021 (YJC) _Following de-dollarization policies, Russia eliminated the dollar in military agreements with other countries.

Russia removed dollars from military contracts with other countriesAccording to defense agreements, Russia has completely eliminated the dollar exchange in military agreements with other countries and reduced it to zero.

Alexander Mikhailov, President of Rosburn Sports, announced; Most of the company's contracts this year have been closed in Russian rubles or in the national currency, and the dollar's share of the company's military contracts with other countries has dropped to almost zero.

According to the report, Russia has encouraged other countries to pursue a policy of de-dollarization, and economic plans inside Russia have led to the elimination of the dollar, with the central bank and the National Wealth Fund recently removing the US dollar from their exchanges.

According to the report, the military company has had a successful week and has concluded 13 military contracts worth $ 1.2 billion in the aviation sector, which were not done in dollars.

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