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china USD – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 20 Aug 2020 21:30:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png china USD – DIGIT INFO https://www.digit.info 32 32 Russia and China De-dollarization Approaching ‘Breakthrough Moment’ https://www.digit.info/russia-and-china-de-dollarization-approaching-breakthrough-moment/ Thu, 20 Aug 2020 21:30:56 +0000 https://www.digit.info/2020/08/20/russia-and-china-de-dollarization-approaching-breakthrough-moment/ Read more]]>

China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements in the first quarter, the Financial Times […]

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