RUSSIA AND CHINA MOVE AWAY FROM U.S DOLLAR

Mario Nawfal

@MarioNawfal
🇷🇺🇨🇳RUSSIA AND CHINA MOVE AWAY FROM U.S DOLLAR

Russia and China have almost completely ditched the U.S dollar to settle bilateral trade.

According to Russian Foreign Minister Sergey Lavrov, more than 90% of payments between the two countries are in their national currencies.

Lavrov:

“Russian-Chinese trade and economic cooperation are actively developing, despite the persistent attempts of the states of the collective West to put a spoke in the wheels.

There has been an almost complete de-dollarisation of bilateral economic relations.

Today, more than 90% of mutual payments have been transferred in our national currencies.”

Source: Sputnik