Russia, China raise share of payments in national currencies to 99.1% — minister

Russian Deputy Prime Minister Alexander Novak said earlier that Moscow and Beijing had raised the share of payments in national currencies to 99%

Russia and China carry out 99.1% of trade transactions in their national currencies, Russian Finance Minister Anton Siluanov told the Rossiya-1 TV channel.

"As for transactions, 99.1% of them are conducted in the ruble and yuan," he pointed out.

Russian Deputy Prime Minister Alexander Novak said earlier that Moscow and Beijing had raised the share of payments in national currencies to 99%.