Russia backs using national currencies, not the U.S. dollar, in its trade with Turkey, Russian Foreign Minister Sergei Lavrov said on Tuesday, but he made no firm commitments that would immediately help Ankara to weather its currency crisis. Lavrov held talks in Ankara with Turkish Foreign Minister Mevlut Cavusoglu days after the Turkish lira plummeted to an all-time low versus the U.S. dollar, while the Russian rouble lost nearly 10 percent in just several days of August. “The use of national currencies for mutual trade has for several years been one of the tasks that the presidents of …read more
Source:: Yahoo Finance
