Russia for five years reduced the share of payments in dollars by almost 13%
Apr 29, 2019

Russia for five years reduced the share of payments in dollars by almost 13%

Russia since the introduction of Western sanctions has reduced the share of its payments in dollars by 12.6% in foreign trade, increasing the share of payments in rubles and euros by 14% and 26.6%, respectively, according to a study conducted by analysts FinExpertiza.

Russia over the past five years, since the introduction of sanctions, has reduced the total share of settlements in dollars on foreign trade transactions to 56.1% ($388 billion).

The share of Russian settlements in the European currency since 2014 increased to 21.9% ($151 billion), in rubles - rose to almost 20% ($136 billion).

Settlements in other currencies occupy a small share of 2.4%, RIA Novosti reports.

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