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Russian firms use netting, gold and crypto in transborder payments, watchdog chief tells Putin
From globalbankingandfinance.com
Russian companies are successfully using netting, gold, and cryptocurrency to facilitate international payments, the head of Russia's financial watchdog told President Vladimir Putin on Tuesday. Netting involves banks managing export and import payments through verified agents, with transactions centrally balanced to ensure counterparties receive their funds. International payments for Russian trade nearly stalled in the spring of 2024 as banks in Russia's key trading partners, including China, India, Turkey and the United Arab Emirates, came under the threat of secondary U.S. sanctions. The problem has eased ... (full story)
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From @realDonaldTrump|Jul 8, 2025|16 comments
We will be releasing a minimum of 7 Countries having to do with trade, tomorrow morning, with an additional number of Countries being released in the afternoon. Thank you for your attention to this matter!
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- Jul 8, 2025 6:43pm Posted byFundamental Analysis540
