Russia and Indonesia Actively Discuss Mechanisms to Ditch US Dollar

Russia and Indonesia are moving toward ruble-rupiah trade settlements as sanctions and Russia’s SWIFT exclusion drive efforts to establish sustainable, dollar-free financial systems. Indonesia-Russia Trade Sees Shift to Ruble and Rupiah Settlements The global trend of reducing dependence on the U.S. dollar in international trade is gaining momentum, with nations increasingly exploring alternatives. Indonesia and […]