This was said in an interview with RIA Novosti, Deputy Minister of Foreign Affairs Igor Morgulov.
«As far as mutual settlements are concerned, recent events have clearly shown that national currencies are the most reliable and secure form of payment. We have built the necessary infrastructure with China in this area: in Russia there is a bank authorized to settle yuan, and a few rubles are traded on the Moscow Stock Exchange. yuan, a currency exchange agreement was concluded between the central banks, ”said Morgulov.
He noted that the share of national currencies in Russian-Chinese trade «has increased significantly in recent years.»
“In the first half of last year, it was around 25%. I am convinced that in the near future we will witness its further rapid growth, ”stressed the deputy minister, reports RIA Novosti.
.
