economy
January 20, 2026
More than a half of Russian foreign trade transactions made in rubles
Progress is even more notable as regards the so-called "backbone" countries, where the total indicator of trade in national currencies crossed the level of 90%, Mikhail Mishustin said
TL;DR
- National currencies comprise 85% of Russian foreign trade turnover over ten months.
- This figure exceeds the previously set target of 70%.
- Rubles account for over 50% of payment transactions.
- In "backbone" countries, trade in national currencies surpasses 90%.
- There is a need to adjust export support infrastructure to find new trade partners and focus on priority goods.
- Emphasis is placed on high-added value and mechanical engineering products.
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