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.
  • Digitalprimate@lemmy.worldEnglish
    71·
    11 months ago

    Yeah, no. Crude and coal are still 95% USD denominated, and that’s more than half Russia’s exports.