Categories Business 90% of Russia-China transactions in national currencies – Putin Posted on Posted onMay 20, 2024May 20, 2024By Editor The decision to switch mostly to rubles and yuan was “timely” and has led to a strong boost in trade, the president says. … Read More >90% of Russia-China transactions in national currencies – Putin
Categories Business Abandoning dollar making electronic goods cheaper in Russia – Izvestia Posted on Posted onJanuary 16, 2024January 16, 2024By Editor Most payments for imports of such products in 2023 were made using yuan and rupees, according to the outlet. … Read More >Abandoning dollar making electronic goods cheaper in Russia – Izvestia
Categories Business Russia boosts cross-border settlements in yuan Posted on Posted onOctober 5, 2023October 5, 2023By Editor The currency has even reportedly been used as a means of payment with the UK, US, and EU. … Read More >Russia boosts cross-border settlements in yuan
Categories Business Russia sanctions threaten US dollar – EBRD Posted on Posted onSeptember 27, 2023September 27, 2023By Editor Western trade restrictions have led to an increased usage of the Chinese yuan at the expense of the greenback, the bank has claimed. … Read More >Russia sanctions threaten US dollar – EBRD
Categories Business Russians ditching dollars – central bank Posted on Posted onAugust 14, 2023August 14, 2023By Editor Around $450 million worth of foreign currency was converted into rubles last month, data shows. … Read More >Russians ditching dollars – central bank
Categories Videos China JUST DUMPED Massive Dollar Holdings | Ignites Shockwaves In The Global Market Posted on Posted onAugust 6, 2023August 6, 2023By Editor China JUST DUMPED Massive Dollar Holdings | Ignites Shockwaves In The Global Market … Read More >China JUST DUMPED Massive Dollar Holdings | Ignites Shockwaves In The Global Market
Categories Business Another South American nation to curb dependence on dollar Posted on Posted onAugust 2, 2023August 2, 2023By Editor Bolivia is the latest country opting to trade in yuan and ruble instead of the greenback. … Read More >Another South American nation to curb dependence on dollar
Categories Business Pakistan switching to yuan to buy Russian oil – media Posted on Posted onMay 7, 2023May 7, 2023By Editor The nations agreed a major oil deal earlier this year. … Read More >Pakistan switching to yuan to buy Russian oil – media
Categories Business Russia completely abandons dollar, euro in energy trade – deputy PM Posted on Posted onApril 26, 2023April 26, 2023By Editor Most settlements for oil, gas and other resources are already made in national currencies. … Read More >Russia completely abandons dollar, euro in energy trade – deputy PM
Categories Business Yuan share soars in Russian foreign trade – Central Bank Posted on Posted onMarch 12, 2023March 12, 2023By Editor The dollar and euro now make up less than half of Moscow’s export settlements, the regulator says. … Read More >Yuan share soars in Russian foreign trade – Central Bank
