Browsing Tag

Yuan

Russia increases asset purchases in yuan while selling CRUMBLING US dollar

Paul Antonopoulos Jun 30, 2019 0

MOSCOW - The share of yuan-denominated assets in Russia's international reserves rose last year to about 15 percent, Russian Finance Minister Anton Siluanov said."Last year, we…
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Eurasia

Russia and China agree to attack US dollar by trading in local currencies

Paul Antonopoulos Jun 28, 2019 0

MOSCOW - Russian Finance Minister Anton Siluanov and Chinese People's Bank governor Yi Gang on June 5 signed an intergovernmental agreement to use ruble and yuan in mutual payments.…
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Anglo 5

CURRENCY WAR: What Threats Face Global Markets ?

Paul Antonopoulos Jul 23, 2018 0

The world seems to be on the verge of a currency war. This, according to Bloomberg, refers to the publication by US President Donald Trump on his Twitter accusing China and the EU of…
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China

Iran Intends to Conduct Business in Euros, Yuan, but Not in Dollars

Ollie Richardson Feb 10, 2016 0

Translated by Ollie Richardson for Fort Russ10th February, 2016RIAIran intends to conduct business in Euros, Yuan and other "strong" currencies, but not in Dollars,…
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China

A Weak Yuan is Good for Russia

Joaquin Flores Aug 13, 2015 0

August 13th, 2015PolitRussia - translated by Soviet Bear“The devaluation of the Chinese yuan is good for the Russianeconomy and in the long term will lead to the…
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