https://asiatimes.com/2022/03/india-rus ... sanctions/
India and Russia will have currency swaps in place to finance trade in rupees and rubles, bypassing the US sanctions regime against Russia, the president of India’s export association told CNBC Wednesday (March 23).
Several of India’s state-owned banks will execute the swaps under the supervision of the Reserve Bank of India, starting as early as next week . .
..
The US sanctions regime doesn’t extend to Russia’s oil and gas shipments to Europe and Asia, which earn Moscow more than $1 billion a day, and Russia customers do not need to seek alternative financing mechanisms. The India-Russia swap, though, is an open break with the dollar regime.
Saudi Arabia reportedly is considering accepting China’s RMB as payment for oil, but the Gulf countries have released no information on non-dollar oil payments.
Frontal attack on U$ Dollar has become main reason of fierce American reaction to Ukraine disaster
Dollar sidelining reaching a "critical mass", that would be like Samson having a hair cut .. https://en.wikipedia.org/wiki/Samson
Dollar is "jugular vein" of American strengthif Samson's long hair were cut, then his Nazirite vow would be violated and he would lose his strength.
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