Russia to use Chinese yuan instead of US dollars to settle trade with Asia, Africa, and Latin America.
DEATH of the petrodollar ?
Russia to use Chinese yuan instead of US dollars to settle trade with Asia, Africa, and Latin America, The Renminbi(RMB) is the official name of China's currency. The principal unit of RMB is called the Chinese Yuan (CNY). CNY is the official ISO 4217 abbreviation for China's currency.
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— Watcher.Guru (@WatcherGuru)March 22, 2023