The transition to national currencies in mutual settlements is speeding up, according to PM Mikhail Mishustin Russia and China are increasingly switching to their national currencies in trade, with nearly half of the two countries’ transactions carried out in rubles and yuan, Prime Minister Mikhail Mishustin has revealed. The statement was made during a video conference with Chinese Premier Li Keqiang on Monday, with Mishustin expressing hope that the use of the national currencies instead of the US dollar and euro will grow further. “This transition… will be actively gaining momentum. This is the kind of settleme
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