Rashid_Mahmood
اللهم صل على سيدنا محمد وعلى آله وعترته بعدد كل معلوم لك
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Russia has announced that nearly all of its trade with India and China is now conducted in national
Russia has announced that nearly all of its trade with India and China is now conducted in national currencies, marking a significant shift away from the U.S. dollar. President Vladimir Putin revealed that over 90% of trade with China is now settled in rubles and yuan, while more than 50% of trade with India follows the same trend. This change came in response to Western sanctions imposed after Russia's invasion of Ukraine in 2022, which blocked access to global financial systems like SWIFT. As a result, Russia has been pushing for local currency settlements, forging stronger economic ties with China and India to bypass traditional financial systems.
Trade between Russia and China has surged, with both countries deepening their "strategic partnership." In 2023, bilateral trade reached a record $240 billion, and economists expect it to grow further by 2024. Over 90% of this trade is now conducted in rubles and yuan, with the share of yuan in Russia’s exports to China skyrocketing from 0.5% in 2021 to 16% in 2022. Similarly, imports from China saw yuan usage rise from 4% in 2021 to 23% the following year. Meanwhile, the U.S. dollar’s role in this trade has significantly diminished, falling from 46.8% in 2021 to nearly zero by 2023. Russian banks have also increased their yuan reserves, surpassing dollar reserves by December 2023.
India, although slower to adopt these changes, now conducts more than 50% of its trade with Russia in local currencies. This shift is part of a broader "de-dollarization" strategy, which Putin has championed, claiming that the dollar has become a tool for Western political agendas. While there has been some tension between Putin and former U.S. President Donald Trump, with Trump threatening high tariffs on countries that move away from the dollar, Putin has expressed his readiness to engage with Trump if he wishes to meet in the future.$BTC
Russia has announced that nearly all of its trade with India and China is now conducted in national currencies, marking a significant shift away from the U.S. dollar. President Vladimir Putin revealed that over 90% of trade with China is now settled in rubles and yuan, while more than 50% of trade with India follows the same trend. This change came in response to Western sanctions imposed after Russia's invasion of Ukraine in 2022, which blocked access to global financial systems like SWIFT. As a result, Russia has been pushing for local currency settlements, forging stronger economic ties with China and India to bypass traditional financial systems.
Trade between Russia and China has surged, with both countries deepening their "strategic partnership." In 2023, bilateral trade reached a record $240 billion, and economists expect it to grow further by 2024. Over 90% of this trade is now conducted in rubles and yuan, with the share of yuan in Russia’s exports to China skyrocketing from 0.5% in 2021 to 16% in 2022. Similarly, imports from China saw yuan usage rise from 4% in 2021 to 23% the following year. Meanwhile, the U.S. dollar’s role in this trade has significantly diminished, falling from 46.8% in 2021 to nearly zero by 2023. Russian banks have also increased their yuan reserves, surpassing dollar reserves by December 2023.
India, although slower to adopt these changes, now conducts more than 50% of its trade with Russia in local currencies. This shift is part of a broader "de-dollarization" strategy, which Putin has championed, claiming that the dollar has become a tool for Western political agendas. While there has been some tension between Putin and former U.S. President Donald Trump, with Trump threatening high tariffs on countries that move away from the dollar, Putin has expressed his readiness to engage with Trump if he wishes to meet in the future.$BTC
First 30 sec Bitcoin pushed to All Time High at 107799, then started declining all the way to 107000 for 10 mins. After that, a bullish run started for 20 mins and Bitcoin kept rising all the way to a new All Time High at 108353. After that it no longer was able to push more and started declining pretty fast all the way to 106000. Will Bitcoin make a comeback from this all the way back to All-Time-High? 👀🚀
Bitcoin has a support zone at 105000 and going below this will make it go all the way to 103000 which is the second support zone. After that if it breaks this support zone we will see Bitcoin back at 98K-100K.
Am I still bullish on Bitcoin? Yes, I’m hoping to see a correction to 105K and a bounce back from there, it will be healthy for the market and good to shake out many people from the market. Then, we will see a second try to breakout from 108K and rise to 110K and more. But, it goes below 105K then we will see a lots of ups and downs before seeing a new All Time High again.
Alt coins? We don’t even talk about those anymore, let them bleed in peace 😂 I’m no longer looking at my wallet, I just close it and watch Bitcoin. I’m holding on spot so I will only look at my wallet when everything is green again. 😂📈
$BTC
Bitcoin has a support zone at 105000 and going below this will make it go all the way to 103000 which is the second support zone. After that if it breaks this support zone we will see Bitcoin back at 98K-100K.
Am I still bullish on Bitcoin? Yes, I’m hoping to see a correction to 105K and a bounce back from there, it will be healthy for the market and good to shake out many people from the market. Then, we will see a second try to breakout from 108K and rise to 110K and more. But, it goes below 105K then we will see a lots of ups and downs before seeing a new All Time High again.
Alt coins? We don’t even talk about those anymore, let them bleed in peace 😂 I’m no longer looking at my wallet, I just close it and watch Bitcoin. I’m holding on spot so I will only look at my wallet when everything is green again. 😂📈
$BTC
Cash Your Rewards.....
All Crypto Market Is Red......
$BTC
$DOGE
$XRP
#BURNGMT
#BinanceMEOpening
#MarketCorrection
#BuyTheDipOrWait
#MOVEOpening
$BTC
$DOGE
$XRP
#BURNGMT
#BinanceMEOpening
#MarketCorrection
#BuyTheDipOrWait
#MOVEOpening
Global Alert:
Trump Launches Economic War on BRICS
#BinanceHODLerMOVE
#BURNGMT
#MOVEOpening
#MicroStrategyAcquiresBTC
#AmazonBitcoinMove
$BTC
$ETH
$SOL
Trump Launches Economic War on BRICS
#BinanceHODLerMOVE
#BURNGMT
#MOVEOpening
#MicroStrategyAcquiresBTC
#AmazonBitcoinMove
$BTC
$ETH
$SOL
Last Day is #RedDay Gives Impact on Today.
$BTC
$XRP
$DOGE
#BinanceHODLerMOVE
#BURNGMT
#MOVEOpening
#MicroStrategyAcquiresBTC
$BTC
$XRP
$DOGE
#BinanceHODLerMOVE
#BURNGMT
#MOVEOpening
#MicroStrategyAcquiresBTC
Heat map for today.
Today is a Berish Trend Day.....?
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Trump Appoints Needham And Alina Habba As Presidential Advisors.
$BTC
$1MBABYDOGE
$VET
#BURNGMT
#BinanceHODLerMOVE
#AltSeasonBoom?
#TokenUnlocks:APT,ADA,ENA
#SushiBullRun
$BTC
$1MBABYDOGE
$VET
#BURNGMT
#BinanceHODLerMOVE
#AltSeasonBoom?
#TokenUnlocks:APT,ADA,ENA
#SushiBullRun
Navigating P2P Transactions in Pakistan: A Guide to Avoid Account Freezing
Navigating P2P Transactions in Pakistan: A Guide to Avoid Account Freezing
One common challenge in Pakistan's P2P transactions is the risk of bank account freezing. This often stems from misunderstandings between buyers and merchants.
Why do merchants ask for additional verification?
When a verified merchant requests documents like ID cards or selfies, it's not a personal accusation. They're taking proactive steps to protect themselves and their customers from potential fraud. If a merchant's account is compromised, it can lead to a domino effect, affecting everyone involved in the transaction.
How can you avoid unnecessary issues?
* Patience is key: Give merchants reasonable time to respond. They may be juggling multiple orders.
* Understand the process: Familiarize yourself with the merchant's terms and conditions.
* Cooperate with verification: Provide the necessary documents promptly.
* Avoid impulsive actions: Hasty complaints can escalate situations unnecessarily.
By following these guidelines, you can contribute to a smoother and safer P2P transaction experience for everyone.
#BURNGMT
#2024withBinance
#ETHCrosses4K
#BTCBreaking100KAgain?
#BinanceListsACXandORCA
$BTC
$XRP
$DOGE
One common challenge in Pakistan's P2P transactions is the risk of bank account freezing. This often stems from misunderstandings between buyers and merchants.
Why do merchants ask for additional verification?
When a verified merchant requests documents like ID cards or selfies, it's not a personal accusation. They're taking proactive steps to protect themselves and their customers from potential fraud. If a merchant's account is compromised, it can lead to a domino effect, affecting everyone involved in the transaction.
How can you avoid unnecessary issues?
* Patience is key: Give merchants reasonable time to respond. They may be juggling multiple orders.
* Understand the process: Familiarize yourself with the merchant's terms and conditions.
* Cooperate with verification: Provide the necessary documents promptly.
* Avoid impulsive actions: Hasty complaints can escalate situations unnecessarily.
By following these guidelines, you can contribute to a smoother and safer P2P transaction experience for everyone.
#BURNGMT
#2024withBinance
#ETHCrosses4K
#BTCBreaking100KAgain?
#BinanceListsACXandORCA
$BTC
$XRP
$DOGE
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