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Russia Faces Acute Yuan Shortage as Trade Lifeline Tightens
Summary by The Moscow Times
2 Articles
2 Articles
This is the de facto only foreign currency available for international trade in the Russian Federation without restrictions.
Russia Faces Acute Yuan Shortage as Trade Lifeline Tightens
Russia’s banking system is facing a sharp shortage of Chinese yuan, the de facto main foreign currency still available for international trade, driving borrowing costs sharply higher and adding pressure on the ruble, analysts said.
·Amsterdam, Netherlands (Kingdom of the)
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Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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