Russia and China no longer use dollar in trade – Mishustin ...News

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Russia and China no longer use dollar in trade – Mishustin
source : Russia Today ( News ) () 32
Moscow and Beijing have switched to settlements in national currencies, according to the Russian PM Western currencies have almost been completely phased out in Russia-China trade, as nearly all payments between the countries are now carried out in rubles and yuan, according to Russian Prime Minister Mikhail Mishustin. The statement was made during a meeting on Tuesday with his Chinese counterpart, Li Qiang. The Russian PM is on a two-day visit to Beijing for a routine meeting of Russian and Chinese heads of government. “We continue to increase the share of national currencies in mutual settlements. If in 2020 thi

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