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Russia’s central bank said it has no better options than the Chinese yuan for its reserves after two years of the Kremlin’s war on Ukraine and the subsequent seizure of its international assets https://t.co/73VtvswMPf
Russia’s central bank said it has no better options than the Chinese yuan for its reserves after two years of the Kremlin’s war on Ukraine and the subsequent seizure of its international assets https://t.co/rMo7sxku65
Russia’s central bank said it has no better options than the Chinese yuan for its reserves after two years of the Kremlin’s war on Ukraine and the subsequent seizure of its international assets https://t.co/DDYjK2Agan
The ongoing Russia-Ukraine conflict has led to US and European efforts to seize frozen Russian assets and give them to Ukraine, causing geopolitical concerns. China's role in a 'de-dollarized' world and the impact on the euro's reserve currency status are also highlighted. Russia's central bank considers the Chinese yuan as the best option for its reserves after the seizure of its international assets.
