Putin: more use to be made of ruble, yuan in Russia-China deals

Russian President Vladimir Putin on Saturday announced that Russia and China are working on proposals for more extensive use of the ruble and yuan in mutual settlements.

Russian President Vladimir Putin on Saturday announced that Russia and China are working on proposals for more extensive use of the ruble and yuan in mutual settlements.

"We've taken initial steps, but it's all been very modest so far. We'll continue to think how to work to that end," Putin said at a meeting in St. Petersburg with the heads of principal global news agencies.

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