April 21, 2025

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

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Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of national currencies for mutual settlements,” Putin stated, adding that over 80% of commercial transactions between Russia and the People’s Republic of China

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