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Malaysia to ‘seriously’ explore using local currencies in bilateral trade, says Anwar

KUALA LUMPUR, June 19 — Malaysia will “seriously” explore using local currencies with trading partners to mitigate volatile foreign exchange risks, Prime Minister Datuk Seri...

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Malaysia to ‘seriously’ explore using local currencies in bilateral trade, says Anwar

Malaysia accelerates local-currency trade settlements to 22-23% with China and gains India's commitment, reducing dependence on US dollar. For international teams, this signals a de-dollarization trend impacting FX strategy, cross-border payments, and vendor negotiations in emerging markets.

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Malaysia and Russia discuss using ruble and ringgit for trade

Malaysia and Russia discussed using the ringgit and ruble for bilateral trade at the ASEAN-Russia summit in Kazan, joining a growing de-dollarization trend.

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Malaysia to ‘seriously’ explore using local currencies in bilateral trade, says Anwar

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Malaysia to ‘seriously’ explore using local currencies in bilateral trade, says Anwar

Malaysia and Russia discuss using ruble and ringgit for trade

Timeline cronologica

Anwar to meet Putin in Kazan at Asean-Russia commemorative summit

PM Anwar arrives in Kazan for Asean‑Russia talks on cooperation and peace

Energy sector in focus as Anwar says Tatarstan’s oil strength offers Malaysia downstream and petrochemical opportunities

PM Anwar: Asean-Russia should expand cooperation more broadly, especially in energy and food security

Malaysia and Russia discuss using ruble and ringgit for trade

Anwar thanks Putin for backing Malaysia-Russia energy cooperation, Petronas

Anwar, Putin discuss energy security and expanding trade in local currencies

Malaysia to ‘seriously’ explore using local currencies in bilateral trade, says Anwar

Anwar pushes trade, AI and energy ties between Asean and Russia

US, China, or India? Anwar explains why Malaysia doesn’t have to choose

Brics Malaysia: Russia’s supply assurance, Petronas-Turkmenistan gains from Anwar’s visits boost nation’s energy security