Yuan squeezing out dollar on Moscow Exchange

Dec 21st 2022 4:28am EST

Turnover in the greenback has been cut in half as the currencies of ‘friendly’ countries gain prominence Trading in the currencies of so-called ‘friendly’ nations, or those that did not impose sanctions on Russia, has surged on the Moscow Exchange this year, pushing out the US dollar, the head of the bourse, Yury Denisov, said […]

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