Russia Now Demanding To Be Paid In Rubles For Its Grain

RT: Russia demands rubles for grain exports  

Moscow has expanded the list of commodities that must be paid for in Russian currency  

The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles. 

A resolution giving effect to the decision was adopted on Friday and published on the official portal of legal information. It also provides for a one-year extension of duties to be paid in the national currency in respect of exported sunflower oil and sunflower meal until August 31, 2023.  

Read more .... 

WNU editor: It is only a matter of time before Russia will be demanding to be paid in rubles for all of its major exports. In the meantime the Russian ruble continues to strengthen (link here). 

Russia Now Demanding To Be Paid In Rubles for Its Grain  

Russia switches export tax scheme from US dollar to ruble -- AgriCensus  

Russian authorities have transferred payments for grain into rubles -- Archyde  

Russian govt adopts resolution to convert export duties on grain, sunflower oil and meal into rubles -- Interfax