Russia-led trade bloc’s de-dollarization almost complete — RT Business News

Russia-led trade bloc’s de-dollarization almost complete — RT Business News

Source link The share of national currencies in the EAEU’s trade currently amounts to 90%, according to Russian Prime Minister Mikhail Mishustin The share of national currencies in mutual settlements among the countries of the Eurasian Economic Union (EAEU) has reached 90% and is still growing, Russian Prime Minister Mikhail Mishustin revealed on Friday. The […]

Russia-China de-dollarization almost complete – deputy PM — RT Business News

Russia-China de-dollarization almost complete – deputy PM — RT Business News

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. […]

Russia and Venezuela confirm de-dollarization plans — RT Business News

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, […]