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Russia's use of the Chinese yuan surges as the Kremlin looks to bypass sanctions

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Russia's use of the Chinese yuan surges as the Kremlin looks to bypass sanctions


One Chinese yuan bill lying on top of a US dollar bill. Getty Images The yuan's share of Russian import invoicing has jumped to 20% since the Ukraine war, a study found. The yuan was more pronounced in the import of sanctioned goods, the European Bank for Reconstruction and Development wrote. Yuan…

#gettyimagesyuan #russian #ukrainewar #chineseyuan #ukraine #ebrd #cny #moscow

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