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Rosoboronexport considers dropping US dollar

21 August 2018
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Russian defence export agency Rosoboronexport is to change to the currencies of their customers or counter-trade when performing defence equipment sales.

In an interview with the Russian news agency RIA Novosti on 21 August, Rosoboronexport General Director Alexander Mikheyev said the company would focus on conducting transactions in the currency of a customer instead of US dollars.

Rosoboronexport had examined a number of ways to work around US sanctions against the company, Mikheyev said, and was now considering the possibilities of working in non-US currencies.

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