Date: 5 months ago   Category: Economy

Russia and China intend to use national currencies in mutual settlements — Rambler News Service


Photo: The Russian President Administration Russia and China are interested in use of national currencies in mutual settlements. It was said by the Russian President Vladimir Putin following the results of the Russian-Chinese negotiations at East economic forum. "From the Russian and Chinese sides interest in more active use in mutual settlements of national currencies is confirmed. It will increase stability of bank service of export-import transactions in the conditions of the remaining risks in the global markets" — Putin has reported. Earlier during the meeting on fields WEF Vladimir Putin has reported about the possible growth of commodity turnover of two countries in 2018. If last year this indicator was $87 billion, then in it can reach $100 billion. Annual growth of commodity turnover, according to the president, is nearly 30%. The Chinese President Xi Jinping has in turn said that he hopes for further close coordination of two countries.

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