The Yuan / Ruble Exchange has begun…

The Chinese Foreign Exchange Trade System signed up the first yuan/ruble trading on Monday. The deal requires that it equals or exceeds 1 million yuan with a rate of 4.67 rubles for one (1) yuan. So this is definitely an exchange for the wealthy to start with…

The ruble is now the seventh currency to be officially traded in China. The yuan/ruble trading was agreed upon last spring between Russia and China…

The Russian MICEX says, 50 plus Russian banks are interested in yuan/ruble trading…


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