De-dollarization in Russia-China trade almost complete – minister  ...News

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De-dollarization in Russia-China trade almost complete – minister 
source : Russia Today ( News ) () 114
The ruble and yuan make up 95% of Moscow’s trade with Beijing, Maksim Reshetnikov says The share of ruble and yuan settlements in Russia’s foreign trade has surged to almost 70% as Moscow rapidly shifts away from Western currencies, Economic Development Minister Maksim Reshetnikov said on Friday.     The de-dollarization of Russian trade with China is almost complete, the minister told reporters on the sidelines of the Russia-China Energy Business Forum in Beijing.    “Our trade is restructuring. If we look at the country’s trade indicators as a whole, 68% of our trade is carried out in rubles and yuan, while 95%

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