Russia cuts off the dollar’s ​​escape route! After losing its advantage in trade settlement, the U.S. dollar may lose financial settlement

The U.S. dollar thought it still had a way out, but who would have thought that Russia's recent actions might have blocked the U.S. dollar's way out. It seems that the U.S. dollar is in a really worrying situation right now.

Although many countries are now gradually reducing their reliance on the U.S. dollar in trade, the U.S. dollar is not worried about it. After all, in most financial and foreign exchange investment fields, the US dollar still occupies a dominant position, and its influence cannot be ignored.

Recently, the Moscow Exchange introduced a new regulation that could trigger a series of significant changes. According to the exchange’s announcement, starting from the 13th of this month, they will no longer conduct transactions in US dollars and euros on the trading floor. The move means there could be a significant shift in how U.S. dollars and euros are traded on the Moscow exchange going forward. This undoubtedly brings new challenges and opportunities to the market, and we will pay close attention to its subsequent development.

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