Currently 75 percent of Russian-Chinese trade settles in terms of U.S. dollars. That is in the process of changing. Neither country wants to be held in international financial limbo or find its banking activities held hostage by the U.S.
Russian/Chinese central banks draft currency swap
Currently 75 percent of Russian-Chinese trade settles in terms of U.S. dollars. That is in the process of changing. Neither country wants to be held in international financial limbo or find its banking activities held hostage by the U.S.
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