Russia To Use Chinese Yuan For Trade Settlements With Asia Africa Latin America
Russia is ready to increase
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.
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
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 told Xi Russia's ready to switch to yuans in foreign trade
Russia will use Chinese yuan for transactions, avoiding sanctions
Putin has embraced the yuan as an alternative to the
Chinese banks are ramping up
Russia to Use Chinese Yuan for Trade Settlements With
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
Xi and Putin vow to ‘significantly increase’ trade
Chinese banks seize on Russia, oil trade to internationalise yuan
Russia wants to expand settlements in yuan beyond China to third
Russia ready to switch to yuan in foreign trade, says Vladimir Putin
We are in favour of
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
Yuan becomes 5th most traded currency, helped by