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Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System

Russian Finance Minister Discloses Over 90% of the Bilateral Trade With China Is Settled Outside the US DollarAnton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system. He stressed that over 90% of these transactions have been completed using national currencies (rubles and yuan) due to the risks associated with executing these using “unfriendly” currencies. Russian Finance […]

source https://news.bitcoin.com/russian-finance-minister-discloses-that-over-90-of-bilateral-trade-with-china-is-settled-outside-the-u-s-dollar-system/
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