Russia is seeking allies to shift trade away from the greenback and quicken the pace of de-dollarization, deputy prime minister says

News Snapshot:

Russian President Vladimir Putin and Iranian President Hassan Rouhani at the Fifth Caspian Summit in Aktau, Kazakhstan, August 12, 2018. Sputnik/Alexei Nikolsky/Kremlin via REUTERS Russia is seeking partners to quicken the pace of de-dollarization, Russia's deputy prime minister Alexey Overchuk said. The nation could create an independent financial system with Islamic countries. "The government is doing a lot to ensure further development along these lines," Overchuk added. Russia is looking for partners to quicken the pace of de-dollarization, and could strengthen its ties particularly with Islamic nations as it shifts away from dollar trade, according to Russia deputy prime minister...