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Russian Bank Chiefs Take Aim At US Dollar




Sanctions imposed by the U.S. and European Union after Russia annexed Ukraine's Crimea peninsula in March have spurred Western banks to drastically reduce their lending activity in Russia in recent months. Concerned the Russian economy was too reliant on the U.S. dollar and therefore vulnerable to Western political opprobrium, Russian politicians have called for a de-dollarization of their economy

Read Full Story: http://america.aljazeera.com/articles/2014/6/9/rus...

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