Erdogan to abandon the dollar in trade with India

Monday, 1 May, 2017 - 16:56

Turkey and India may refuse to use the dollar in mutual settlements. This was stated by the President of the Turkish Republic Recep Erdogan, speaking at the Turkish-Indian business forum in Delhi. According to the Turkish leader, the rejection of the dollar can reduce the negative impact of currency fluctuations. The proposal of the Turkish leader demonstrates the lack of confidence in the dollar economy and Turkey's desire for currency sovereignty.

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