China and Kazakhstan in no hurry to make settlements in national currencies with sanctioned banks of Russia

27.06.2022

This was stated by Anton Drozdov, Deputy Chairman of Promsvyazbank, a backbone for the military-industrial complex of Russia. Speaking at the Cheboksary Economic Forum, he spoke about the problems in international settlements.

"We are switching to national currencies, soft currencies. We use the Financial Message Transmission System of the Bank of...