China's yuan is reportedly replacing the dollar and euro in Russian bank accounts | Businessinsider - Business Insider South Africa


4/9/2022 12:00:00 AM3 yearsago
by Phil Rosen

Russian banks are seeing a sharp uptick in business clients opening accounts with China's yuan instead of dollars or euros, a March survey found.

  • Russian banks say clients are opening more accounts in Chinese yuan instead of other currencies, Kommersant reported Friday. 
  • A March survey found that large Russian banks have seen a… [+1715 chars]

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