Russia and Turkey have put another knife in the back of the global dominance of the US Dollar. International transactions will happen from now on in Russian Rubbles and Turkish Lira.
Last year the trade between the countries grew by 16% and passed the 25 billion mark.
Turkey has the goal to increase the trade with Russia to 100 billion in the next years.
The partnership comes from increasing close ties and transactional turnover between both countries.
For Rusia, it is part of a larger effort to reduce the Dollar dominated trades. The effort is increased to do this with the European Union. While the usage of trade with India and China went down in half.
The big question is when the global dominance of the Dollar is over. Then the American society will face complete collapse.