Thndr Claps » EGY Claps » Economy 🏙 » Russia to allow exports to Egypt in exchange for Russian ruble
The ClapRussian Deputy Prime Minister Viktoria Abramchenko announced that Russia plans to accept the Russian Ruble in exchange for its exports to Egypt.
WhatAlthough Russia has not completely switched to accepting all its payments in Russian rubles, they are considering taking this step with Egypt.
So whatRussia had taken the same step with Turkey previously, with Turkey having the option to pay the value of grain exports in Russian rubles. According to Abramchenko, the deal was successful.
Now whatAbramchenko said that Egypt is one of the largest importers of wheat from Russia, which is a key factor if Russia is to accept payment in the Russian ruble.
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