World News@lemmy.worldEnglish · 1 year ago

China’s yuan replaces US dollar as ‘primary’ currency for Russia’s foreign trade

www.scmp.com

cross-posted to:
worldnews@lemmit.online

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China’s yuan replaces US dollar as ‘primary’ currency for Russia’s foreign trade

www.scmp.com

Rapidcreek@lemmy.world to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
worldnews@lemmit.online

Russian central bank governor Elvira Nabiullina says the yuan’s share in Russia’s exports has increased from 0.4 to 34.5 per cent, replacing the US dollar and euro as its ‘primary’ currency for foreign economic activity.

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No way I’m saying I’m excited. But why does the world have to confirm to the US.
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