Ruble-yuan trade soars over 1,000%
May 31st 2022 11:22am EDT
Russia and China are ditching the US dollar in favor of national currencies Russia and China are continuing to eliminate the US dollar from mutual trade as monthly volumes on the ruble-yuan pair have reportedly soared 1,067% to nearly $4 billion over the past three months. According to Bloomberg calculations, some 25.91 billion yuan, or […]
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