Malaysia, Russia Explore Ringgit-Ruble Trade to Boost Bilateral Ties on June 17
Updated
Updated · Bloomberg · Jun 18
Malaysia, Russia Explore Ringgit-Ruble Trade to Boost Bilateral Ties on June 17
3 articles · Updated · Bloomberg · Jun 18
Summary
Malaysia and Russia discussed using the ringgit and ruble in bilateral trade during talks between Prime Minister Anwar Ibrahim and President Vladimir Putin.
Malaysia’s Prime Minister’s Office said the leaders were exploring mechanisms to expand trade and investment in local currencies as part of a broader push to strengthen economic ties.
The proposal remains at the discussion stage, with no detailed framework or timeline announced in the statement released Thursday.