Shutterstock Russia is now receiving payment for some of its oil in non-Western currencies, including the yuan, United Arab Emirates dirham and ruble.This is a central part of Russia鈥檚 decoupling from the West and closer alignment with 鈥渇riendly鈥� countries from Asia and the Mideast. But Russian exporters fear they could be burdened with currencies that are not fully convertible, creating liquidity headaches and conversion costs; neither does the move fully insulate Russia from US sanctions' reach. Save for later Print Download Share The Issue
