Dubai Trade Hub Chief States Sanctions on Russia Ineffective Outside the West on Nostr: Russia's Central Bank Ditches US Dollar for Chinese Yuan in De-Dollarization Efforts ...

Russia's Central Bank Ditches US Dollar for Chinese Yuan in De-Dollarization Efforts
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#5d450749 ver:0.4

Russia's Central Bank ditches the US Dollar for the Chinese Yuan in de-dollarization efforts amid escalating sanctions. The move reflects growing tensions between the US and Russia, impacting the Russian financial market and increasing volatility. The decision aligns with the BRICS bloc's goal to de-dollarize the global economy and reduce reliance on Western currencies. #Russia #China #deDollarization #sanctions...

#newstr #Russia #UsDollar #ChineseYuan #Dedollarization #Sanctions #Brics

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