Putin says Russia and China will reduce use of dollar in trade

Section:

From Agence France-Presse
via Channel News Asia, Singapore
Tuesday, September 11, 2018

VLADIVOSTOK, Russia -- Russian President Vladimir Putin said today that Moscow and Beijing plan to use their own national currencies more often in trade deals as Russia's relations with the West deteriorate.

... Dispatch continues below ...



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"The Russian and Chinese sides confirmed their interest in using national currencies more actively in reciprocal payments," Putin told journalists during a press briefing with Chinese leader Xi Jinping after talks at an economic forum in this far eastern Russian city.

Putin said this would "increase the stability of banks' servicing of export and import operations while there are ongoing risks on global markets." ...

... For the remainder of the report:

https://www.channelnewsasia.com/news/world/putin-says-russia-and-china-t...

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