Chinese yuan
-
95% of the country’s transactions with India and China were conducted in local currencies last year © Getty Images/izzetugutmen National…
-
The yuan and ruble are now used in 90% of transactions between the two countries, Yury Ushakov says © Getty Images…
-
Tapping Russian assets frozen in the EU would harm the single currency, the head of Italy’s central bank says © Getty…
-
Russia is not the only major economy to use the Chinese currency for trade settlements as more and more nations…
-
For Beijing, it’s not so much about replacing the greenback within the current system but creating an entirely separate alternative…
-
Most payments for imports of such goods in 2023 were made using yuan and rupees, according to the outlet © AFP…
-
The Chinese currency has topped the Japanese yen in international transactions, according to data © Getty Images / Bloomberg Creative The…
-
Moscow and Beijing have switched to settlements in national currencies, according to the Russian PM © Getty Images / alptraum Western…
-
Restrictions have effectively led to Russia increasing its sovereignty, the president has said © Getty Images / mzabarovsky Western countries are…
-
Western restrictions imposed on Moscow have boosted the Chinese currency, Oleg Deripaska claims © Getty Images / Bloomberg Creative The share…