Russia ready to switch to yuan in foreign trade – Putin ...News

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Russia ready to switch to yuan in foreign trade – Putin
Settlements between Moscow and Beijing are already carried out mostly in national currencies, the Russian president says Russia is ready to increase settlements in yuan in its foreign trade, President Vladimir Putin said on Tuesday during talks with his Chinese counterpart Xi Jinping, who is in Moscow on a three-day official visit. “We are for the use of Chinese yuan in settlements between Russia and the countries of Asia, Africa, and Latin America. I am sure that these forms of settlements in yuan will be developed between Russian partners and their counterparts in third countries,” Putin said. Two thirds of curr

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