Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

Russian President Vladimir Putin highlights economical integration and dedollarization astatine the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider usage of nationalist currencies for communal settlements,” Putin stated, adding that implicit 80% of commercialized transactions betwixt Russia and the People’s Republic of China […]