Lavrov: 90% of Russian trade settled in national currencies, yuan and dirham

Russian Foreign Minister Lavrov claims nearly 90% of Russia's trade is now settled in national currencies or 'dollar substitutes' like the yuan and UAE dirham, reducing reliance on the dollar. This continues Russia's de-dollarization trend since 2022 sanctions, but the claim is unverified and likely overstated. It signals persistent efforts to bypass Western financial infrastructure, with implications for dollar dominance and sanctions effectiveness.