De-dollarization: Putin urges trade with Russia in local currencies

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A defiant Putin renewed calls for countries to trade with Russia using local currencies in his first international appearance after the failed Wagner mutiny

Chinese President Xi Jinping also proposed to expand the use of local currencies for trade among countries in the SCO, according to an Xi said China stands ready to work with all sides, moving toward"the right direction of economic globalization, oppose

protectionism, unilateral sanctions and the overstretching of national security, and reject the moves of setting up barriers, decoupling and severing supply chains," according to an English translation of his speech carried bySubscribe to push notifications

 

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