Russia

De-Dollarization: Putin Urges Trade With Russia in Local

Russia's central bank said on Thursday that the currencies from friendly countries and the ruble now account for as much as 80% of Russia's foreign trade payments.

Russia adopts Chinese yuan-to-ruble as benchmark exchange rate

Vladimir Putin has touted the

More than 80% of commercial transactions between Russia and China are conducted in rubles and yuan, Russian President Vladimir Putin said at the opening of the

Vladimir Putin has touted the use of local currenciesinstead of the dollarfor trade. At a trade summit, Putin said 80% of the Russia-China trade is now transacted in

Over 80% of Russia-China trade settlement now using local

Over

Russia, China Conduct 80% of Commercial Transactions in Ruble

SCO Summit: Russia’s Isolation Hastens ‘De

Over 80 percent of trade settlement between Russia and China is now conducted in Russian rubles and Chinese yuan, Russian President Vladimir Putin said at the

Furthermore

Russia, China dump dollar, settle 80% trade in ruble

Furthermore, he disclosed that over 80 percent of commercial transactions between Russia and China are conducted using the ruble and yuan. In addition, the Russian

Russian Economy Dealt a Blow by China - Newsweek

It said that around

Over 80% of Russia-China settlements carried out in rubles and

It said that around 80 percent of payments in yuan are being returned to Russia and the process of a transfer can go on for several weeks and then be canceled