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China's yuan replaces US dollar, euro as Russia's 'primary' foreign currency for overseas economic activity - Vimarsana News

China's yuan replaces US dollar, euro as Russia's 'primary' foreign currency for overseas economic activity

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.

Source: scmp.com