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Economic relations between the two countries have been on upward curve, according to Dmitry Dogadkin Moscow has proposed to Doha a switch to the use of national currencies in trade settlements, Russian Ambassador to Qatar Dmitry Dogadkin has said, adding that the sides are already working on the idea.

According to the country’s settlement depository, Moscow fulfilled its obligations on Friday Russia’s Finance Ministry announced on Friday it has settled two issues of dollar-denominated Eurobonds “in full” by sending 17 billion rubles ($221.1 million) in coupon payments to the National Settlement Depository (NSD).