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Russia and Belarus Near Completion of Currency Transition, Marking a Significant Shift in De-Dollarization Efforts

Published by news.bitcoin.com on 9 hours ago

Russia and Belarus Near Completion of Currency Transition, Marking a Significant Shift in De-Dollarization Efforts

The shift away from the U.S. dollar is rapidly intensifying, with Russia and Belarus now conducting 98.8% of their trade using national currencies. This significant change signals a profound economic realignment that poses a challenge to Western financial dominance and contributes to increasing global instability.

This remarkable transition highlights the broader global movement toward de-dollarization, as nations actively pursue strategies to diminish their dependence on the U.S. dollar in international trade.

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