Monday, January 23, 2017

GCR/RV Update - Trade in National Currencies to Free Turkey From Dollar 'Oppression' – Erdogan

Turkish Prime Minister Recep Tayyip Erdogan holds a board featuring the new Turkish lira samples (File)

Turkey’s shift to the international trade in national currencies will liberate Ankara from the "oppression" of the US dollar, President Recep Tayyip Erdogan said Wednesday.

ANKARA (Sputnik) — According to Erdogan, the currency is "used as a weapon" regarding a number of countries, including Turkey.

"A new period of trade in national currencies begins now. If we buy something from Russia – we pay them in rubles. If they buy something from us – they pay us in liras. I spoke to China, Iran … We will disseminate this practice. Thereby we will liberate our country from the oppression of the rate [of dollar]," Erdogan said at a meeting with rural administrative authorities in Ankara.

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