Bloomberg: Trade of yuan in Russia's foreign exchange market reaches record high
The data was another illustration of the increasing importance of the yuan in Russia's economy amid the growing de-coupling from Western financial systems.
The data was another illustration of the increasing importance of the yuan in Russia's economy amid the growing de-coupling from Western financial systems.
The National Bank of Ukraine has devalued the hryvnia against the dollar by 25% on July 21. The new official rate is Hr 36.57 per dollar. The previous rate of Hr 29.25, established in February at the start of the invasion, "no longer corresponds to reality and is
It took a full-scale invasion by Russia into Ukraine to get the international community to apply a range of sanctions against the attacking country. The most severe penalty was the move to sever certain Russian banks from the international payment order system SWIFT and prevent the Russian Central Bank from