Exit from the Mir payment system – states let Putin down. As of: April 9, 2024, 5:14 a.m By: Lars-Eric Nievelstein In 2014, Russia launched its own payment system.
For a while there was growth. But now more and more states are jumping ship. India, for example, is looking for a new oil supplier; in China, several major banks had cut off trade with Russia. The bottom line is the crumbling of the Mir system is an “indicator of Russia’s dwindling economic attractiveness”