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RUSSIA CAVES ON YUAN PUSH AS US SANCTIONS CRUSH THE BRICS DE-DOLLARIZATION FANTASY

zambianobserver.com · politics

RUSSIA CAVES ON YUAN PUSH AS US SANCTIONS CRUSH THE BRICS DE-DOLLARIZATION FANTASY Russia has effectively abandoned its years-long effort to dump the U.S. dollar and settle trade in China’s yuan, according to a new Bloomberg report. The yuan’s share of Russian export payments has been cut in half this year, falling to just 22 […] The post RUSSIA CAVES ON YUAN PUSH AS US SANCTIONS CRUSH THE BRICS DE-DOLLARIZATION FANTASY first appeared on The Zambian Observer .

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