Russia and China Now Settle 95% of Trade Without Dollars as De-Dollarization Completes

Most trade between Russia and China is no longer being settled in US dollars. Russian Deputy Prime Minister Alexey Overchuk said 95% of bilateral trade now takes place in rubles and yuan. This marks a major shift in how Moscow conducts international payments. The move comes after several years of sanctions pressure pushed Russia to … Continue reading Russia and China Now Settle 95% of Trade Without Dollars as De-Dollarization Completes