Back to Search Start Over

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 [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
The Business Insider (Blogs on Demand)
Publication Type :
Periodical
Accession number :
edsgcl.807535232