​Instex is Europe’s first challenge to a dollar-denominated world order

by Rashmee

Posted on February 18, 2019 / First Post


Is 2019 the year de-dollarisation goes from being a crackpot Russian idea to something with real structure that the wider world can buy into? Perhaps. France, Germany, and the United Kingdom have launched a barter-based system to trade with US sanctions-hit Iran. Instex, Europe’s Instrument in Support of Trade Exchanges, is the first state-owned trade … Continue reading “​Instex is Europe’s first challenge to a dollar-denominated world order”

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Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK