Russian Banker Predicts Chinese Yuan to Surpass US Dollar as Global Reserve Currency

Russian Banker Predicts Chinese Yuan to Surpass US Dollar as Global Reserve Currency

According to the chairman of Russia’s second-largest bank, there are strong indications that the Chinese yuan will replace the US dollar as the world’s primary reserve currency. With the central bank of Russia already investing in yuan and a significant portion of trade settlements between Russia and China conducted in yuan, the shift could occur […]

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