Source link 95% of trade between the countries is now settled in their national currencies, according to Andrey Belousov Western currencies have been almost completely phased out in Russia-China trade, as nearly all payments between the countries are now carried out in rubles and yuan, Russian First Deputy Prime Minister Andrey Belousov announced on Monday. […]
Tag: dedollarization
Russia and Venezuela confirm de-dollarization plans — RT Business News
Source link The two countries will switch to national currencies in trade, the Venezuelan foreign minister has announced Moscow and Caracas are making progress towards de-dollarization and hope to switch to national currencies in trade soon, Venezuelan Foreign Minister Yvan Gil Pinto announced on Thursday. Pinto, who is in Russia on a three-day official visit, […]