🚨 Russia’s “de-dollarization” story just took a twist.
Reports say Moscow is exploring a path back to dollar settlement + SWIFT access after years of pushing alternatives.
Not ideology… survival economics.
If true:
• Ruble transaction costs drop → currency volatility spike
• Energy trade pricing shifts
• RMB settlement faces short-term turbulence, not a collapse
Reality check: nations don’t marry currencies they use whatever keeps trade alive.
Short-term compromise. Long-term currency race still on. 🌍
What matters more: politics or liquidity?
#PEPEBrokeThroughDowntrendLine
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