Posted on Oct 2, 2024
Russia To Accept Mandarins Instead of Money Amid Payment Difficulties - The Moscow Times
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Russia is converting to barter (instead of traditional money) with Pakistani trade relations in 2024 due to sanctions and financial difficulties.
Russia To Accept Mandarins Instead of Money Amid Payment Difficulties - The Moscow Times
Posted from themoscowtimes.com
Russia
Pakistan
International Trade
Finance
Posted 3 d ago
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LTC Eugene Chu When You have to Resort to "Barter" that is Not a Good Economic Indicator. Russia Reduced to a 3rd World by their War in Ukraine.
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PO1 William "Chip" Nagel
LTC Eugene Chu Don't get Me Wrong I Love Mandarins. Also having Spent time Overseas I'm used to "Bartering". LOL!
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LTC Eugene Chu
PO1 William "Chip" Nagel - Good points! Barter is great for transactions among individuals. Barter between nations indicates that currency is too unstable for use.
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