Posted: 20.07.2022 12:45:00

EAEU created all conditions to raise share of settlements in national currencies

The EAEU has created all conditions for increasing the share of settlements in national currencies – as noted by the official representative of the Eurasian Economic Commission (EEC) Iya Malkina during an online briefing

“At present, all conditions for increasing the share of settlements in national currencies have been created, including the necessary payment and settlement infrastructure. At the same time, the parties have additional opportunities to expand the use of national currencies in mutual settlements, the impact of which is planned to be discussed at the meeting.”

According to Iya Malkina, in 2021, the share of payments in national currencies in mutual settlements amounted to 73.5 percent.

“In line with expert estimates, this year it can reach 80 percent,” she added.