12:41 - 16.03.2022
March 16, Fineko/abc.az. As sanctions against Russia are having their effect, Moscow is plunging into the search for new steps to avoid an economic crisis.
Thus, the Eurasian Economic Union and the People's Republic of China plan to create an independent monetary and financial system that will get rid of settlements using the dollar.
ABC.AZ reports that a new international currency will be created in the near future, on which the activities of this system will be based.
The project is scheduled to be completed by the end of March.
The emergence of a single international currency of China and the EEU will mean the termination of the dollar and the euro as reserve currencies.
