Categories Business Russia’s top nickel producer ditching dollar payments with China – Bloomberg Posted on Posted onMarch 7, 2023March 7, 2023By Editor Norilsk Nickel is selling its metal on the spot market in yuan using a mix of London and Shanghai prices in deals, the outlet reports. … Read More >Russia’s top nickel producer ditching dollar payments with China – Bloomberg
Categories Business China takes new measure to promote de-dollarization Posted on Posted onJanuary 11, 2023January 11, 2023By Editor Beijing extends hours for onshore yuan trading. … Read More >China takes new measure to promote de-dollarization
Categories Business China wants to drop dollar in oil trade – Reuters Posted on Posted onDecember 14, 2022December 14, 2022By Editor President Xi Jinping has reportedly said his country will work to pay for fuel in yuan. … Read More >China wants to drop dollar in oil trade – Reuters
Categories Business Beijing orders state banks to get ready for massive dollar dump – Reuters Posted on Posted onOctober 1, 2022October 1, 2022By Editor The Chinese authorities are reportedly striving to shore up the yuan. … Read More >Beijing orders state banks to get ready for massive dollar dump – Reuters
Categories Business Sanctioned Russian bank bypasses SWIFT Posted on Posted onSeptember 8, 2022September 8, 2022By Editor State lender VTB launches transfers in Chinese yuan. … Read More >Sanctioned Russian bank bypasses SWIFT
Categories Business Trust in dollar gone – Putin Posted on Posted onSeptember 8, 2022September 8, 2022By Editor Russia is gradually moving away from ‘unreliable’ currencies, the Russian president says. … Read More >Trust in dollar gone – Putin
Categories Business India ditches US dollar in Russia trade – Reuters Posted on Posted onAugust 11, 2022August 11, 2022By Editor New Delhi turns to Chinese yuan and Emirati dirham to pay for coal from sanction-hit country. … Read More >India ditches US dollar in Russia trade – Reuters
Categories Business Ruble-yuan trade soars over 1,000% Posted on Posted onJune 2, 2022June 2, 2022By Editor Russia and China are ditching the US dollar in favor of national currencies. … Read More >Ruble-yuan trade soars over 1,000%
Categories Business Russians ditching dollars and euros for yuan – survey Posted on Posted onApril 9, 2022April 9, 2022By Editor Accounts in the Chinese currency at Russian banks are spiking amid Western sanctions. … Read More >Russians ditching dollars and euros for yuan – survey
Categories Business Saudi Arabia considers selling oil in yuan – media Posted on Posted onMarch 15, 2022By Editor Top oil producer distances itself from petrodollar hegemony. … Read More >Saudi Arabia considers selling oil in yuan – media