10.02.2023, 08:32
Russia and China have doubled the share of national currencies in trade
Source: OREANDA-NEWS
OREANDA-NEWS Russia and China have doubled the share of using national currencies in mutual trade in 2022, the pace is very impressive, Russian Ambassador to Beijing Igor Morgulov said in an interview with RIA Novosti.
"Today, according to the results of last year, we estimate the share of the use of national currencies in mutual trade at about 50%, that is, about half of our trade turnover today is serviced in yuan and rubles," the diplomat said.
He noted that "the growth over the past year has doubled, the pace is very impressive."
At the same time, Morgulov added, the demand for yuan on the Russian stock exchange is also growing.
"Today, according to the results of last year, we estimate the share of the use of national currencies in mutual trade at about 50%, that is, about half of our trade turnover today is serviced in yuan and rubles," the diplomat said.
He noted that "the growth over the past year has doubled, the pace is very impressive."
At the same time, Morgulov added, the demand for yuan on the Russian stock exchange is also growing.
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