Sunday, June 4, 2023

Russia found the country to ‘reclaim’ the ruble

Russia continues to explore and try to implement his idea in order to spread the ruble throughout the worldThis is because other countries allow transactions with Russian currency, badly damaged and reduced that is a dollar 80 rubles because of the conflict with Ukraine.

In this sense, the possibilities They encourage Russia to go through the hole similar countries and historical partners, such as China, with whom it is now an South American country maintains a fantastic relationship.

With this purpose, his Minister of Foreign Affairs was carried out surveyed the southern regions of America two months earlierThey try to establish partnerships and try to reach commercial agreements that can bring benefits to you at all levels.

Cuba, a historical partner

One of the worlds with which he preserved the last century the island of Cuba was a strong and lasting friendship; the most obvious meeting point of which is the strong sharing of US anti-imperialism.

It happens that now Russia is in a very unfair place he is trying to make the Central American country as an ally to make the exit for the Russian ruble, an option that Havana seems to have gladly accepted.

So, Three Russian banks have already opened branches on Cuban territory and submitted the necessary documents to Central Bank of Cuba (BCC) to carry it out, as reported by the presidential commissioner Boris Titov Rights of Russian Entrepreneurs.

In fact, in March, the machine in Cuba began to receive the Russian MIR system to withdraw money from Russian cards, something that has already happened in countries such as Vietnam, South Korea, Armenia, Belarus, Kazakhstan, Tajikistan or Kyrgyzstan.

What is MIRR?

This MIR system planned in 2014 by the Central Bank of Russia with the Kremlin was first sanctioned by the West following his attempt to incorporate the Chersonesus into his territory.

This new model was launched when Companies like Visa and MasterCard do what they do with some Russian banks, so the only alternative can save a firm’s financial system This was done as the sheets began to be published in 2015.

After this last agreement; Vice President of Russia Dmitri Chernyshenko He said he was waiting “In the very near futurewith Russian cards you can pay in Cuba in shops, cafes and restaurants.

On the situation of the crisis in Cuba

This measure also means a breath of fresh air for Cuba; In recent years, its currency has depreciated to historic levels, the fourth lowest on the planet; behind only the Zimbabwean dollar, the Venezuelan bolivar and the Lebanese poundaccording to the Currency Watchlist.

Cuban President Miguel Díaz-Canel was the first to recognize the problems of the Cuban economy and its impact on the daily lives of its citizens; “It costs us more work to get food in time” basket, and we basket gathered from imports, “picked up the instruments of the country.”

And there it is, Cuba imports about 80% of the food in the country, a factor that is 75% of the year before March be a chimera for some kind of measure which promotes national production.

World Nation News Desk
World Nation News Desk
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