Russia To Use Chinese Yuan For Trade Settlements With Asia Africa Latin America

Last updated: June 9, 2025, 20:10

Russia To Use Chinese Yuan For Trade Settlements With Asia Africa Latin America

Russia wants to expand settlements in yuan beyond China to third

Russia ready to switch to yuan in foreign trade, says Vladimir Putin

Putin told Xi Russia's ready to switch to yuans in foreign trade

Chinese banks are ramping up

We are in favour of using Chinese yuan in settlements between Russia and countries in Asia, Africa, Latin America, Putin said, adding that these forms of settlements

Chinese banks are ramping up efforts to promote international use of the yuan, and reporting a surge in cross-border yuan business from the country's booming trade

A shift in the digital currency environment may occur due to Russia’s latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations

Russian President Vladimir Putin has

Russia will use Chinese yuan for transactions, avoiding sanctions

Russian President Vladimir Putin has announced Russia's readiness to switch to the yuan in foreign trade settlements with countries in Asia, Latin America and Africa.

Xi and Putin vow to ‘significantly increase’ trade

Russia is ready to increase

Chinese banks seize on Russia, oil trade to internationalise yuan

Yuan becomes 5th most traded currency, helped by

Russia is ready to increase settlements in yuan in its foreign trade, President Vladimir Putin said during talks with his Chinese counterpart Xi Jinping. We are for

Putin has embraced the yuan as an alternative to the

Russia to Use Chinese Yuan for Trade Settlements With