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Turkey looks to ditch dollar in payments for Russian energy
But who really wants Turkish lira?
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By Firat Kozok
Bloomberg News
Tuesday, July 19, 2022
Turkey's President Recep Tayyip Erdogan will discuss paying for Russian energy imports with currencies other than the U.S. dollar when he meets his Russian counterpart, Vladimir Putin, in Tehran today, according to Turkish officials familiar with the matter.
The two countries have been working on a proposal for local-currency trade payments, including for energy deals, a move that would help the government in Ankara slow the decline in its sovereign reserves, the officials said. ...
... For the remainder of the report:
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