Yuan-rouble trading surges more than 1,000% as China and Russia draw closer together to counter the US - Business Insider South Africa


5/31/2022 12:00:00 AM2 years 11 months ago
by Harry Robertson

The jump in yuan-rouble trading is one of a number of signs of China and Russia strengthening their ties, as they look to limit the power of the US.

Trading of China's yuan and Russia's rouble has soared more than 1,000% since the war in Ukraine began, according to data reported by Bloomberg, as the two countries strengthen ties. Monthly yuan-ro… [+1469 chars]

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