De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities
by Tyler Durden
ZeroHedge.com
02/18/2015
Three months ahead of schedule, Russia announces the launch of its own ‘SWIFT’-alternative, linking 91 credit institutions initially, suggests de-dollarization is considerably further along than many expected (especially as Russia dumps US Treasuries at a record pace).
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