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23-12-2014, 10:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
http://www.bloomberg.com/news/2014-1...ency-swap.html (http://www.bloomberg.com/news/2014-12-22/china-offers-russia-help-with-suggestion-of-wider-currency-swap.html)
China is offering an enlarged currency-swap deal and expanded use of the yuan for bilateral trade to help Russia in its hour of need. Moscow welcomed the offer while stressing that it won't be sufficient to counterbalance the overall damage to the Russian banking system and economy from Western sanctions and falling oil prices.
this is what i call bro in need is a bro indeed.:cool:
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?196395-China-extends-a-hand-to-crisis-ridden-Russia&goto=newpost).
http://www.bloomberg.com/news/2014-1...ency-swap.html (http://www.bloomberg.com/news/2014-12-22/china-offers-russia-help-with-suggestion-of-wider-currency-swap.html)
China is offering an enlarged currency-swap deal and expanded use of the yuan for bilateral trade to help Russia in its hour of need. Moscow welcomed the offer while stressing that it won't be sufficient to counterbalance the overall damage to the Russian banking system and economy from Western sanctions and falling oil prices.
this is what i call bro in need is a bro indeed.:cool:
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?196395-China-extends-a-hand-to-crisis-ridden-Russia&goto=newpost).