Russia, China Conduct over 99% of Trade in National Currencies, Says Official

Russia, China conduct over 99% of trade in national currencies, says official

Finance ministers highlight stable cooperation, call for stronger financial infrastructure and citizen-level payment systems - Anadolu Ajansı

Australian National Review - Russia-China trade almost 100% outside Western currencies – finance minister — RT Russia & Former Soviet Union

The shift enables the two countries to avoid the “unfriendly” Western banking system, Anton Siluanov has said Russia and China have essentially eliminated the use of Western currencies in trade, with almost all payments now carried out in rubles and yuan, Russian Finance Minister Anton Siluanov stated on Tuesday. According to Siluanov, 99.1% of settlements between the two countries now take place in their own currencies. He added that this enabl…

Russia-China trade almost 100% outside Western currencies – finance minister

The shift enables the two countries to avoid the “unfriendly” Western banking system, Anton Siluanov has saidRussian Finance Minister Anton Siluanov. ©  Vladimir Pesnya/Epsilon/Getty ImagesRussia and China have essentially eliminated the use of Western currencies in trade, with almost all payments now carried out in rubles and yuan, Russian Finance Minister Anton Siluanov stated on Tuesday.According to Siluanov, 99.1% of settlements between the …

RUSSIA, CHINA CONDUCT OVER 99% OF TRADE IN RUBLES AND YUAN

Tue 04 November 2025: Russia and China now carry out 99.1% of their trade settlements in national currencies, Russian Finance Minister Anton Siluanov said Tuesday, underscoring the countries’ deepening financial integration amid Western sanctions. “If we talk about settlements, 99.1% are carried out in rubles and yuan,” Siluanov told the Rossiya-1 television channel, confirming a […]