Russian central bank governor Elvira Nabiullina says the yuan’s share in Russia’s exports has increased from 0.4 to 34.5 per cent, replacing the US dollar and euro as its ‘primary’ currency for foreign economic activity.
Wow, you have it figured out. How much money have you converted into any of the BRICS currencies? It sounds like you would have quite the long term investment when those currencies appreciate due to increased demand.
Wow, you have it figured out. How much money have you converted into any of the BRICS currencies? It sounds like you would have quite the long term investment when those currencies appreciate due to increased demand.