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Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan
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Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

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Source: Bitcoin.com

Putin on Dedollarization: 80% of Russia-China Trade in Rubles and YuanRussian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of national currencies for mutual settlements,” Putin stated, adding that over 80% of commercial transactions between Russia and the People’s Republic of China […]

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Author: Kevin Helms

Related posts:

  1. Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency
  2. Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
  3. Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency
  4. Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization
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