Russia and China have effectively ditched the dollar – Moscow ...News

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Russia and China have effectively ditched the dollar – Moscow
source : Russia Today ( News ) () 47
The share of the greenback in trade between the countries has dropped to a historic low, according to a Foreign Ministry official The de-dollarization of Russia-China trade is practically complete, according to Georgy Zinoviev, the director of the Russian Foreign Ministry’s First Asian Department, as cited by RIA Novosti.  The official said the share of the US dollar in mutual settlements between the neighboring nations has substantially shrunk over the past two years.  “The share of national currencies in Russian-Chinese payments is growing at an extremely rapid pace,” Zinoviev told the news agency. “At the begin

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