Use of national currencies in Russia’s settlements with fellow SCO members has exceeded 92%, the president has said Members of the Shanghai Cooperation Organization (SCO) are ramping up settlements in national currencies, Russian President Vladimir Putin stated on Thursday at the SCO summit in Astana, Kazakhstan. Founded in 2001, the SCO is an economic and security bloc covering most of Eurasia and accounting for more than 20% of global GDP. The organization includes India, Iran, Kazakhstan, China, Kyrgyzstan, Russia, Pakistan, Tajikistan, Uzbekistan, and now Belarus. Currently, 14 countries, including Egypt as th
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