US dollar

The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms © Getty…

Policies enacted by the US and EU have discredited Western banking and its currencies, according to the Russian president © …

The seizure of the country’s reserves would jeopardize the “immunity” of national assets worldwide, Elvira Nabiullina warns © Getty Images /…

95% of the country’s transactions with India and China were conducted in local currencies last year ©  Getty Images/izzetugutmen National…

The share of national currencies in the EAEU’s trade currently amounts to 90%, according to Russian Prime Minister Mikhail Mishustin…

Russia is not the only major economy to use the Chinese currency for trade settlements as more and more nations…

For Beijing, it’s not so much about replacing the greenback within the current system but creating an entirely separate alternative…

For Beijing, it’s not so much about replacing the greenback within the current system but creating an entirely separate alternative…

Most payments for imports of such products in 2023 were made using yuan and rupees, according to the outlet © AFP…

Most payments for imports of such goods in 2023 were made using yuan and rupees, according to the outlet © AFP…