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Russian finance minister reveals that more than 90% of bilateral trade with China is conducted outside the US dollar system
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Russian finance minister reveals that more than 90% of bilateral trade with China is conducted outside the US dollar system

Russian finance minister announces that more than 90% of bilateral trade with China is conducted outside the US dollarRussian Finance Minister Anton Siluanov pointed out that the majority of bilateral trade with China takes place outside the US dollar system. He stressed that more than 90% of these transactions are completed using national currencies (rubles and yuan) due to the risks associated with conducting them using “unfriendly” currencies. Russian Finance (…)