settlements between Russia and China in national currencies amount to almost 92% – Kommersant
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Trade turnover between Russia and China in 2023 will grow by 26.7%, in 2022 the figure increased by 36%, said Deputy Prime Minister Dmitry Chernyshenko. In his opinion, this is unprecedented growth. Settlements in national currencies reached almost 92%.
“It is important to note that in our trade relations settlements in national currencies account for almost 92%. This suggests that Russia and China have built a highly effective system of trade and economic interaction, independent of Westerners,” said Mr. Chernyshenko “RIA News”.
Finance Minister Anton Siluanov in October saidthat the share of settlements in national currencies between Russia and China is 90%.
On strengthening interbank relations between China and Russia – in the Kommersant material “On a correspondent’s visit”.
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