Local Currency Trade Between Russia and Turkey

Published

Started: 01/10/2018
Last update: 02/11/2018
Date of publication: 02/11/2018

About the project

Given the hot topic which is called trade wars, I am interested in finding an answer to 'how feasible is using local currencies in trade between countries?' In particular between Russia and Turkey where there is a trade imbalance.

Reviews from project creator & mentor

Bulent ilgun

Creator, 02/11/2018

4.0

Rating from Bulent

The topic is sufficiently analysed, discussed and concluded. thank you.

Alexander Kudrin

Mentor, 02/11/2018

3.8

Rating from Alexander

The sanctions stimulated government officials to consider local currencies as the tool for the trading settlement. Easy transition is not possible due to orientation of trade flows from Russia to Turkey. Possible solution to implement local currency settlement step-by-step on selected markets.

Participants

Team member Rating

Bulent ilgun

Creator
Alexander Kudrin 4.0

Mentor
Maxim Petronevich 4.0

Mentor
Pavel Manukhin 4.0

Contributor
Ilia Budanov 4.5

Contributor
Valeriya Afanasyeva 4.0

Contributor
Daria Filatova 3.5

Contributor

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Local Currency Trade Between Russia and Turkey

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