Deputy Economy Minister Ilya Torosov expects de-dollarization to only intensify Trading volumes in the currencies of "friendly nations" will multiply in the near future, according to Deputy Economy Minister Ilya Torosov, who expects the de-dollarization of the Russian economy to only gain momentum in the near future. He stressed that the Chinese yuan would lead the process amid strong cooperation between Moscow and Beijing, which has deepened even more in the wake of the latest Western sanctions imposed on Russia. “We are switching to mutual trade using yuan and ruble settlements, and moving away from dollar and e
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