Saturday, February 05, 2005

 

Russia Moves Toward Euro

The Russian peg to the US dollar for oil sales has cost the Ruble 30% this year. Now the Financial Times is reporting the oil giant is moving toward the Euro for pricing its exports.

http://news.ft.com/cms/s/cb1cd3e0-771b-11d9-b897-00000e2511c8.html

# posted by Ben Jones @ 11:47 AM
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