MR MAJANGA
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- Oct 4, 2014
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Sudan Discusses Ditching Dollar Trade With Russia
Sudan and Russia are mulling ways to switch to national currencies in mutual settlements, the Sudanese ambassador to Russia, Hassan Mohammed Elghazali Eltijani Sirraj, has told RIA Novosti news agency.
According to the diplomat, the countries’ central banks are discussing the possibility.
“Russia has suggested to Sudan to use a system of financial transactions, in which we would use national currencies. The central banks of both countries are discussing this issue; we will see if this is possible. This is largely a technical issue. The central banks will study this issue, see how it works, and shortly we should see the result,” Sirraj explained.
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Sudan and Russia are mulling ways to switch to national currencies in mutual settlements, the Sudanese ambassador to Russia, Hassan Mohammed Elghazali Eltijani Sirraj, has told RIA Novosti news agency.
According to the diplomat, the countries’ central banks are discussing the possibility.
“Russia has suggested to Sudan to use a system of financial transactions, in which we would use national currencies. The central banks of both countries are discussing this issue; we will see if this is possible. This is largely a technical issue. The central banks will study this issue, see how it works, and shortly we should see the result,” Sirraj explained.
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