RUSSIA, TURKEY AGREEMENT
DS - 08.10.2019 - Treasury and Finance Minister Berat Albayrak and his Russian counterpart Anton Siluanov signed an agreement last week on using national currencies in payments and settlements between the two countries, the Russian finance ministry said Tuesday.
The agreement, signed on Oct. 4, is aimed at gradually switching to using the ruble and the lira in mutual settlements, the ministry said.
Within the scope of the agreement, commercial institutions' demand for two currencies will be raised and a proper finance structure will be established.
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