Not Another Dollar! Russia & Turkey Agree on Settlements in National Currencies

• Not Another Dollar! Russia & Turkey Agree on Settlements in National Currencies
  by https://www.rt.com/
  Moscow and Ankara inked an agreement on using Russian rubles and Turkish lira in mutual payments and settlements, the Russian Finance Ministry announced on Tuesday.
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  The deal is aimed at gradually switching to using national currencies in mutual trade, the ministry said. Trade turnover between the two countries grew by 16 percent last year, reaching $25.5 billion.
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  According to the ministry, the agreement aims for “further expansion and strengthening of interbank interaction, as well as ensuring uninterrupted payments between business entities of the two countries.”
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