World News@lemmy.worldEnglish · 11 months ago

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

www.scmp.com

cross-posted to:
worldnews@lemmit.online

163

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 · 11 months 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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dan42O@infosec.pub
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11 months ago
No way I’m saying I’m excited. But why does the world have to confirm to the US.
- eran_morad@lemmy.world
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  You don’t. You get to pick your hegemony and you live or die with the consequences.

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