Russia's Medvedev says the world shouldn't be dominated by one currency

Russia and China were considering linking their national payment system, Russian Prime Minister Dmitry Medvedev said on Wednesday, as he called for a more balanced global finance structure.

Noting the rise of China’s Unionpay system and Beijing’s efforts to internationalize its currency, the yuan, Medvedev told a press conference in Beijing that Russia was developing its own payment system, known as Karta Mir.






Read More: http://www.reuters.com/article/us-china-politics-russia-currency/russias-medvedev-says-the-world-shouldnt-be-dominated-by-one-currency-idUSKBN1D13J0