The ruble and yuan make up 95% of Moscow’s trade with Beijing, Maksim Reshetnikov says The share of ruble and yuan settlements in Russia’s foreign trade has surged to almost 70% as Moscow rapidly shifts away from Western currencies, Economic Development Minister Maksim Reshetnikov said on Friday.
Moscow’s export revenues are higher than the West was expecting, according to new analysis The price limit imposed by the G7 and EU countries on Russian seaborne oil sales has essentially failed, Politico reported on Tuesday, citing new research.
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