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Economic news

Russia needs higher share of rouble in international trade – PM

08/30/2022

Less than a minute

2022.08.30 15:06

Russia needs higher share of rouble in international trade - PM
FILE PHOTO: Russian Prime Minister Mikhail Mishustin chairs a meeting with members of the government via video link in Moscow, Russia April 30, 2020. Sputnik/Dmitry Astakhov/Pool via REUTERS

MOSCOW (Reuters) – Russia should increase the rouble’s share in international settlements and gradually move towards stopping using currencies of designated ‘unfriendly’ countries that imposed sanctions on Russia, Prime Minister Mikhail Mishustin said on Tuesday.

Mishustin also said that Moscow deems digital assets to be an alternative to foreign currencies in cross-border transactions.

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08/30/2022

Less than a minute