Erdogan and Putin call Turkey and Russia availableruble、RMBtrade with gold
Affected by the situation in Ukraine, many Western countries have recently announced sanctions against Russia, including restricting Russia’s use of US dollars,EUR、GBPThe ability to conduct business transactions with the Japanese yen. On March 7, local time, several Turkish media reported the details of the phone call between President Erdogan and Russian President Vladimir Putin on March 6, indicating that Turkey and Russia may use other means to continue trade.
According to reports, Erdogan told Putin during the call that in addition to euros and dollars, trade between Turkey and Russia could be conducted in Russian rubles, yuan and gold.
After Russia announced a special military action in February this year, the United States and other Western countries have significantly upgraded sanctions against Russia, including freezing the assets of large Russian state-owned financial institutions in the United States and restricting Russia’s ability to use dollars, euros, pounds and yen for commercial transactions. Exclude some Russian banks from the payment system of the Society for Worldwide Interbank Financial Communications, etc. Western companies have also announced to suspend or adjust their business in Russia one after another.
In the face of sanctions, Russia has taken various measures to protect national interests and maintain domestic financial stability.
(Editor: Liu Qingyang)
Massive information, accurate interpretation, all in Sina Finance APP
Responsible editor: Guo Jian