Roughly 70% of all transactions between the two nations are carried out in the ruble and yuan, a prominent businessman has told RT Western sanctions have provided further impetus for Russia and China to develop trade ties, with the use of national currencies in transactions between the two nations also having a significant impact, Zhou…
){kind=link}
Washington’s export restrictions on Beijing undermine free market principles, the Chinese foreign minister says The US is infringing free trade rules by imposing new export controls on Beijing, China’s Foreign Minister Wang Yi said on Monday during a phone conversation with his US counterpart Antony Blinken.
){kind=link}
The Russian currency has been bolstered by capital control measures introduced by the government The Russian ruble gained ground against major currencies on Monday, edging above 94 rubles to the US dollar for the first time since September 13, trading data from the Moscow Exchange (MOEX) showed.
){kind=link}