Yuan displacing dollar on Russia’s foreign exchange market – Central Bank — RT Business News

Yuan displacing dollar on Russia’s foreign exchange market – Central Bank — RT Business News

Source link The Chinese currency now accounts for the largest share of forex trading, the regulator reports The share of the Chinese yuan on Russia’s foreign exchange market hit an all-time high in March, the Bank of Russia (CBR) reported in its financial risk review on Monday. Russia’s shift away from major Western currencies started […]