China – Whatever currency used in China-Russia trade should be safe, trustworthy

News

More from the Chinese Foreign Minister:

  • Whatever currency that is used in China-Russia trade should be a currency that’s simple to use, safe, trustworthy

Most international trade is denominated in the US dollar. This doesn’t really suit these two states. The yuan would probably;ly be better than the ruble at this time of sanctions on Russia should these two go that way.

Articles You May Like

Market Trading Guide: Infosys, Muthoot Finance are among 5 stock recommendations for Tuesday
Yen Slips Slightly as BoJ Offers No Clues on Rate Hike, Kiwi Struggles After Weak Services Data
Russia deputy prime minister says oil market is balanced thanks to OPEC+
Buy the dip! HAL, PNB, IDFC First Bank among 10 stock ideas from Jefferies
GBPUSD Technical Analysis – The US Dollar rally might have run out of steam

Leave a Reply

Your email address will not be published. Required fields are marked *