Oct 13, 2014 5:45 PM

John Greco

. . . . CRUMBLING EDIFICE

Defying the dollar Russia & China agree currency swap worth over $20bn

rt.com

The central banks of China and Russia have signed a 3-year ruble-yuan currency swap deal up to $25 billion, in order to boost trade using national currencies and lessen dependence on the dollar and euro.

Read Comments

David-Paul Sip

Oct 13, 2014 6:32 PM

China has been engaged in such swaps with other BRIC countries fo a few years now...To be sure they are doing their part to help the US Dollar decline.

T?lis B?auns

Oct 14, 2014 12:37 AM

Drastic measures for dramatic effect, The sovereign citizens of the State of Conn. -Incoming http://www.zerohedge.com/news/2014-10-10/public-health-emergency-declared-connecticut-over-ebola-civil-rights-suspended-indef

Icbeonne Senama

Oct 14, 2014 8:29 AM

All of the BRICS nations are financed via private central banks and therefore the BIS and or the IMF. They don't like you either you silly useless eaters!

Scott Duncan

Oct 14, 2014 12:02 PM

Um...

...you idiots know that 20 Billion is NOTHING, right?

The US has a 2 TRILLION dollar trade deficit. 20 Billion is NOTHING.

Chris Evan

Oct 14, 2014 1:34 PM

Haha. "...you idiots"