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Russian banks say they're run out of yuan as Chinese firms pull away from the nation
- Source :
- The Business Insider (Blogs on Demand). September 6, 2024
- Publication Year :
- 2024
-
Abstract
- Russia's yuan reserves are nearly depleted due to Chinese banks' fear of US sanctions. Russian banks urged the country's central bank to address the yuan liquidity deficit, causing the ruble [...]
- Subjects :
- Foreign banks
Consumer news and advice
General interest
Subjects
Details
- Language :
- English
- Database :
- Gale General OneFile
- Journal :
- The Business Insider (Blogs on Demand)
- Publication Type :
- Periodical
- Accession number :
- edsgcl.807535232