Russia eliminating US dollar transactions in its foreign military deals – state arms exporter

The US dollar’s share

The US dollar’s share in Russia’s military contracts with other countries is approaching zero, according to the country’s main defense contractor Rosoboronexport.

Most of Rosoboronexport’s contracts are currently concluded in rubles or in the national currencies of partner countries. The share of dollars in our contracts is steadily approaching zero,” the company’s CEO Alexander Mikheyev told reporters at MAKS 2021 Air Show.

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