yuan

Poptsova made a forecast for the ruble exchange rate for November

The ruble exchange rate in November may remain in the range of 13.5–13.9 yuan and 95–98 dollars.

Elena Gutyro ruble exchange rate exchange rate dollars exchange rate forecast Economy 5 November 2024

Chinese banks have begun to return payments from Russia for goods already delivered

Chinese banks are returning payments in yuan to Russian importers for delivered goods, fearing secondary sanctions.

Elena Gutyro payments payment banks News of China News of Russia sanctions Economy 20 August 2024

Interactive Brokers Bans Russians from Depositing Yuan and Lira Accounts

A popular American broker in Russia has banned Russians from replenishing accounts in yuan and lira.

Elena Gutyro bills broker ban lira Russians US News Economy 1 August 2024

China has begun to consider yuan linked to Russia as “dirty”

China divides its currency into “clean” and “dirty”; they avoid working with yuan bought on the Moscow Exchange or used in transactions with Moscow.

Elena Gutyro banks anti-russian sanctions secondary sanctions China News News of Russia Economy 26 July 2024

Payments between Russia and China have become almost impossible

Making direct payments from China to Russia with yuan is associated with great difficulties.

Elena Gutyro payments China News goods News of Russia In the world 18 July 2024